economy






 

Question by  Esc1 (2)

Do you think that growing demand for U.S. goods in China may even out the trade someday, or will the U.S. continue to send $$$ to China to stock Wal-Mart's shelves?

 
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Answer by  Ella22 (610)

Currently the balance of trade is so one sided. If the trade does become even it would be years away from today. China is starting to produce more and more of its own goods, so its not likely they'll become more dependent on us, rather the opposite is true.

 
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Answer by  helen20 (354)

No. China will continue to undervalue its currency. Its goods will remain relatively cheaper. The Chinese pay for most social services so have less disposable income to buy US goods.

 
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