Yes, like I said. China relies on exports to the US, these...

  1. 8,203 Posts.
    lightbulb Created with Sketch. 173
    Yes, like I said. China relies on exports to the US, these imports are denominated in USD.
    Most of the US trade is with Mexico and Canada, not included in the seaborne trade statistics he is referring to.

    This video just proves it is not in China's interest to de-dollarize, the US pays for their imports in USD, that gives China USD dollars to spend on their imports, like oil, iron ore etc.

    In what way do you think this video goes against anything I said?
 
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.