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Could china be the new super power?

euser1984 · 2017-11-02 18:30:50

I know there are arguments against this but isn't it the case that america are deeply indebted to them

02-11-2017 6:30pm

#1

euser1984

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I know there are arguments against this but isn't it the case that america are deeply indebted to them

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#2 03-11-2017 12:30am

TiGeR KiNgS

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euser1984 wrote: »

I know there are arguments against this but isn't it the case that america are deeply indebted to them

Depends what your metric is.
On paper its true that China has a huge position on Treasury bills. This is actually problematic as China are at the whim of the US FED on interest rates.

Also, the Chinese economy is actually a basket case hidden behind a command economy. The debt in the banking system has grown 2X versus GDP. If the US imposed trade tariffs this would collapse china quickly.

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