United States-China Economies “Interdependent”

United States-China Economies “Interdependent”


 

The economies of the United States and China are closely connected according to the East West Institute during their 8th Worldwide Security Conference.

The economic connection, according to the East Wast Institute, stems from China's reliance on foreign investments to grow their economy and the US reliance on China to hold its sovereign debt.

Currently, China holds over $1 trillion in US treasury bonds, while US-based company Wal-Mart accounts for 1% of China's tota...


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