Not yet.
I am all for Trump, but currently China is running the highest bilateral trade surplus between any two countries in recorded history, with America.
The biggest ever. Last year. And this year, it is still increasing.
See for yourself:
https://census.gov/foreign-trade/balance/c5700.html
I don't rust anything, especially statistics a bunch bureaucrats spew out and especially regarding Trump's successes
Sorry you fell for it.
Sure, but China’s growth is dependent on western investment. They’re like the joke about the tailor that loses money on every sale but ‘makes it up in volume’.
And that brings me to ‘NYTimes sucks’:
from the article: “For decades, Western economies like the United States have struggled with the growth of this economic powerhouse.”
No.
They’ve struggled with the western investors in China that donate to political campaigns that will protect their investments in China.
China’s explosive growth was the result of westerners investing in a fascist, low wage, dictatorship that sould ‘guarantee’ those investments.
That phase was probably a good thing 20 years ago. Today it makes no economic sense for the west or for China.
See?
NYtimes published a conceit bait.