Yes, US consumes a lot

回答: China needs America more (双语)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!

所有跟帖: 

This is a thoughtful, actually historic question... -LYJiang- 给 LYJiang 发送悄悄话 LYJiang 的博客首页 (444 bytes) () 04/02/2021 postreply 21:39:29

True, -甜虫虫- 给 甜虫虫 发送悄悄话 甜虫虫 的博客首页 (247 bytes) () 04/05/2021 postreply 11:21:04

请您先登陆,再发跟帖!