Thread: China posts record $225.79 Billion trade surplus with USA
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Old 10-14-2018, 09:01 AM  
BaldBastard
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Join Date: Jan 2001
Location: Sydney
Posts: 15,929
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.
Which countries list China as their major trading partner/ source of income?

And the answer to that is basically every country, China is in mega debt because they're doing the biggest infrastructure build in history, USA is in mega debt.. just to keep the country running.

businessinsider.com is Murdoch ruski seed site.
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