Suppose China didn’t buy anything from us. Would that make you happier? Or would you then warn about our “trade deficit with China”?
I remember when the Japanese economy was soaring and they bought buildings in Manhattan. Referring the outcry over Japanese bids to purchase Rockefeller Center, someone noted that the Japs couldn’t “take it home with them.” And they couldn’t.
I would wager that the Chicagoans will come out best with regard to this deal.
Other than our property what does China buy from us?