Is China’s Trade Surplus Sustainable? [View article]
It's great that you look at demographics as a way to explain why China would continue to lend money to the United States. The point is that China is storing up saving in the United Sates to spend later when the population ages. I have two questions about this: 1. Is China really thinking of the United States as a retirement fund? 2. When China has a labor shortage, why would it not let cheap labor into the the country?
Is China’s Trade Surplus Sustainable? [View article]
1. Is China really thinking of the United States as a retirement fund?
2. When China has a labor shortage, why would it not let cheap labor into the the country?