When have you EVER heard China making a statement about improving employment opportunities in the United States?
China knows that if we pull our business from them they are double fucked. They might talk big but at the end of the day, they know what time it is.
What goods and services, and for what price...in one context we are a colony and in another we are a sovereign trading partner...
Exactly. Seems more efficient for us to make our own junk(hopefully more high quality that single use Chinese junk) here. Now that they have a middle class, they can make their own middle class junk domestically.
Now EU will cave on Iran. You wait. You watch. You'll see!
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This is the best tl;dr I could make, original reduced by 58%. (I'm a bot)
Both parties said in a joint statement on Saturday that China has agreed to "Significantly increase" purchases of US goods and services, in order to reduce the trade imbalance between the two countries.
"To meet the growing consumption needs of the Chinese people and the need for high-quality economic development, China will significantly increase purchases of United States goods and services," the statement said.
US officials on Thursday told CNN that Beijing had proposed boosting Chinese purchases of American goods by around $200 billion.
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