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I don't think China is the only winner of Free Trade here. China did have a large surplus, but isn't that most of the profits go to American and European compan
by chj 9y ago
I don't think China is the only winner of Free Trade here. China did have a large surplus, but isn't that most of the profits go to American and European companies? Why that money wasn't going back to America is a myth itself.
After three decades of industrialization, China's environment undergoes tragic damage, and the country gradually loses the ability to feed itself. Today China imports more than 20% of its food supply. As the aging workforce retires, China's future outlook is not very bright. I hope you understand, not all the grass is green in China.