This model works because China run a huge trade surplus, and its excess production is consumed by other countries. It would be interesting to see if this model

This model works because China run a huge trade surplus, and its excess production is consumed by other countries. It would be interesting to see if this model can continue when the global trade balances out. In a way China is subsidizing goods for the most of the world. The outcome is the kind of political problems this is causing in most countries.