rcrmj
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In the case of the collapse of the U.S. economy, China face the same fate.
China is too dependent on the U.S. market..
very wrong, chinese trading partners:
E.U 15%, U.S 14%, Jap 11%, ASEAN 9%, Hongkong 8%, S.K 6%
In the case of the collapse of the U.S. economy, China face the same fate.
China is too dependent on the U.S. market..
very wrong, chinese trading partners:
E.U 15%, U.S 14%, Jap 10%, ASEAN 9%, Hongkong 8%, S.K 6%
its chinese foreign strategy rather than by means of economically, so that china has better leverages when in talks with the U.S, since EU is the biggest trading partner, its easy for chinese to have offset.Weaknesses of the Chinese economy.
1. Huge dependence on the U.S. dollar...
in what sense? is because china importing the most resources? if that is the case U.S can be labled as lack of natural resources as well2. Lack of natural resources...
3. Total population. (Increasing demand which must be considered)
thats why one child pollicy is in practice even though be critised being not 'civilized' which showed how contradicting western medias are!
Soviet citizens killed dissatisfaction with their economic situation. Take into account that Russian people are very patient, and the standard of living was much higher than Chinese.
wishfull generalising, russian's standard of living is no position to be better than china, then how are you going to explain thousands and thousands of russian in northen part of china? and in terms of russians are patient i believe others will have their own opinion on this matter`
China and the U.S. two equal economic bubble.
There is only one difference. America does not print secured notes, China buys them.
If things go well next to our American friends may be advisable to print dollars on soft paper in the form of rolls. Toilet paper should work at least be comfortable.
The fall of the U.S. economy will be like a tsunami and will touch many of the country. The whole question is when it happened.
wrong again, russia's economy is by no means in better shape than any of major powers, its economy was entiraly benefited by the rising price of natural fossil fuels```their manufacturying and services sectors are insignificant than its fossil fuel exports. and also russian's everage income is less than 1/3 of UK's yet moscow's living expense and real estate price index is even higher than London, and now you are talking about bubbles``
and the chinese economy is very diversified aomparing to russian which soloy dependent on fossil fuels, whereas in terms of technology innovation, economy, market, manufacturing, and service industries are playing equally role to chinese economy thanks for the CCP started the new economy reform 5 years ago``