China sells America approximately 440 billion dollars / year now.
America only sells China approximately 122 billion dollars / year.
That leaves almost one billion dollars America sends to China, every single day of the year. Every single year.
Constantly.
We are selling out America.
Good points.
I remember when candidate Barack Obama was angry that we borrow so much money from China to fund deficit spending. He was frustrated at a $9 trillion national debt. He said it was unpatriotic to borrow so much to run deficits, with our creditor being the Bank of China.
President Obama has pursued policies which have driven the total official debt to $17 trillion and counting, and freely borrows from that Bank of China to finance his deficit spending.