The US and China are trapped in a web of economic co-dependency Disclaimer: China is more dependent on USA than USA on China because USA is China’s biggest customer. America consumes Chinese products the most and thus China is very much dependent on U.S.A. read more
China's economy is dependent in the US, the same way your supermarket, tailor, or favourite restaurant is dependent on you. And you are dependent on them as well for obvious reasons. read more
America provided China with both stability and growth anchors. China enabled the US to sidestep the mounting perils of subpar saving, reckless fiscal policy, and weak household income growth. But economic codependency is as unstable as human codependency. One partner eventually changes, while the other is left hanging, feeling scorned. read more