Thread: China posts record $225.79 Billion trade surplus with USA
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Old 10-14-2018, 08:32 AM  
Bladewire
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Quote:
Originally Posted by dyna mo View Post
Beijing may have to think again about domestic consumption being the main economic driver as rising debt levels take their toll on willingness to spend.

https://www.scmp.com/comment/insight...s-middle-class

add in China's government debt

https://www.scmp.com/news/china/econ...s-credit-binge

add in $7 trillion of bad debt

https://www.businessinsider.com/chin...suggest-2017-8

somehow you guys do the math on that and come up with America bad.
The topic is Chinas record breaking trade surplus with America.

Trying to spin their record trade surplus as something good for Trump, who started the trade war to end their trade surplus, is futile
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