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To: elfman2

"China’s much more dependent on the US/Taiwan/Japan than visa-versa on a multitude levels."

Like what? Have you seen our trade deficit lately?


116 posted on 06/15/2005 3:21:46 PM PDT by cubram
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To: cubram

Trade Deficit is irrelevant. We have their stuff, they have our currency. So what.

What’s important in assessing dependency is the amount of trade relative to the GDP of each nation. If it’s cut off abruptly, that’s an economic vulnerability. If we’re at war, China’s trade with us, Japan and Taiwan pauses. That block of 3 represents a much larger percent of their GDP than China’s slice of ours. Also, nothing will pass through their ports, so that will take a bite out of the rest.

I haven’t even brought up oil.


125 posted on 06/15/2005 4:52:42 PM PDT by elfman2 (This space is intentionally left blank)
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