Only 16% of our exports go to America. And exports only make up 27% of our economy.
Losing 16% of our exports would suck, but I doubt it will push our growth rate down much for even a year or two.
Indian dreams.
Exports worldwide collapsed in the 2008 Credit Crunch, and you guys were all saying that China would collapse. Unforunately for you, there is a neat "social safety net" in China... workers who lose their jobs in factories, can always go back to their family farms in the countryside.
And how did China suffer during the export collapse in the wake of the Credit Crunch? That's right, we continued to grow at near double-digits.