I am not sure if you realized, but we have an annual $100B trade surplus with China.
They buy $250 B (approx) and we buy $150 B (approx) from them.
In contrast, we have a $20 B trade deficit with the US.
We are the ONLY country in the world to have avoided a recession in 28 years!!! No OECD country has achieved this feat: none is Europe, none in Americas and none is Asia.
Our growth has been largely due to the Chinese economy for the last 30 years.
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