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Greg 🎩
@gregory-1967
While the United States is suffering from a $770 billion trade deficit, China has, for the first time, achieved a $1 trillion trade surplus. It is no wonder that the U.S. seeks to launch a "global trade war" against China.
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nomygod
@nomygod.eth
if you're bored look up xi silencing dissenting economists 🤣 china not doing super good right now that's why they're leaning into the taiwan thing a little heavier (need to try to unify support)
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Greg 🎩
@gregory-1967
I do not deny the challenges facing China's economy, particularly the significant decline in its economic growth rate—around 10% lower than two decades ago. However, do you think the U.S. is in a better position? The total economic growth of the U.S. for 2022, 2023, and 2024 combined is just 6.7%. China has achieved much of its economic growth through a positive trade balance, while the U.S. owes a significant portion of its growth to the global status of the dollar, allowing it to print money and stabilize its economy with relatively lower inflation. And China's economic growth in 2024 has been 5.3%.
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