Trade with China - a one way street?
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Let’s say it really is a “one way street,” and will remain so for another 5 to 10 years. Is that really a problem?
They produce stuff that we don’t want to produce ourselves, they give us stuff, we give them papers or numbers that end up in a bunch of electronic ledgers.
Is that really a problem for us?Another bone to pick — it seems the article talks only about trade imbalances concerning goods, and overlooked services.