Older article from 2023 you won't see in the US media to make a point. While the rest of the world trade with China plunges after the pandemic, US reached a new high of 690 billion last year and continues to advance. The US contributes just under $400 billion to China's total $500 billion or 75% of China's global trade imbalance to help them build their weaponry rather than have them build our trade routes. The US never got a dime from China's belt and road spending (although the little spending they did here that went a long way is called the Biden and Road program over there) while most of their plunging trade partner nations that did are importing less from them.
1 posted on
07/28/2023 6:55:44 AM PDT by
chuckee
To: chuckee
What tensions ? The kickbacks ?
2 posted on
07/28/2023 6:57:58 AM PDT by
no-to-illegals
(The enemy has US surrounded. May God have mercy on them.)
To: chuckee
“China increased to $536.8bn last year as American shoppers spent more on Chinese-made goods, including toys and mobile phones. In the same period, US exports to China increased to $153.8bn”
China is our daddy. Sad.
To: chuckee
Presently, the belt and road program is in serious trouble simply because nations have ceased payments on the China loans. China banks are desperate for money and the loss of the loan payments on such a grand scale is extremely problematic.
The fiction of separation of the construction quality responsibility from the banks and loans has been terminated
China can’t do any thing about it.
Then there is the problem of Tofu Dreg. The quality of the road construction is bery low to extremely bad. The reason for not repaynin the loans is the construction is tofu, not concrete
4 posted on
07/28/2023 7:08:02 AM PDT by
bert
( (KWE. NP. N.C. +12) Joe Biden is a kleptocrat)
To: chuckee
The world's two biggest economies have also been in a trade war since 2018. Meanwhile, China is using our money to strengthen their military while the United States is letting fools in high places render our military impotent.
And the chinks love it as they are positioning tens of thousands of sleeper agents throughout America.
9 posted on
07/28/2023 7:44:20 AM PDT by
LouAvul
(Daniel 4:17: "..the most High ruleth in the kingdom of men, and giveth it to whomsoever He will.." )
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