That’s cute, China is as boned as we are.
Who will they sell to if we stop buying, Europe? They’re in the worst shape of all.
They will sell to themselves of course, just like we used to do here. China has a large and growing middle class and their domestic demand is increasing. Hard times for them? Yeah, collapse? no way. We however will be screwed for the 2 generations it will take to rebuild our ability to meet our domestic demands. That is if the Chinese give us the 2 generations it would take. Thanks a lot free traders.
We are only 1/4 of the trade for china.