Yes, US consumes a lot

回答: China needs America more (雙語)LYJiang2021-04-02 07:35:27

global goods. It's a huge market for export contries. And to be competitive, export countries have to cut wages of the workers, which consequently leads to weaker spending power. And this in turn makes export countries have to export more. This is a downward spiral. 

What do you think China should do to cut this downward spiral or vicious cycle and become more self-sufficient and less dependent on other countries like US.? 

Good thinking! :)

Have a great weekend!

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This is a thoughtful, actually historic question... -LYJiang- 給 LYJiang 發送悄悄話 LYJiang 的博客首頁 (444 bytes) () 04/02/2021 postreply 21:39:29

True, -甜蟲蟲- 給 甜蟲蟲 發送悄悄話 甜蟲蟲 的博客首頁 (247 bytes) () 04/05/2021 postreply 11:21:04

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