"“So often China and the U.S. are mixed together as being in the same situation, and that is totally wrong,” said Xu Xiaonian, an economist in Beijing with the China Europe International Business School.
That does not mean the two nations are not connected, of course. China’s rebound in growth may slow if the American economy does not pick up. China needs the United States to buy its goods, and the United States needs China to continue to buy its debt.
This mutual dependence makes it harder for either country to let the current dispute over Chinese tires and American chicken and auto parts to grow into a trade war.
But with more economic planning than the United States, China has been able to disburse its stimulus much faster, turning it into new rail lines and highways."
For the first time economic planning from communist countries is positive !
Current crisis appear for me as a price for China development.
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