China Doesn't Care About the US

A tone you rarely hear here, or at least in most US based economics reporting. The money quote:

The bilateral trade volume amounted to 211 billion dollars last year, accounting for 15 percent of China’s total foreign trade of 1.4 trillion dollars.

Just 15%. The way a lot of econ folks over here speak, you’d think the Chinese economy would wither and die without us buying their plastic junk. (Forgive me SN) Not so much, it seems.

A perspective to keep in mind as we ponder things like war with Iran (who provide 40% of Chinese petroleum needs), our national debt and who lends us money for wars and tax cuts.