China Economy

global economy: China is woven into the fabric of the global economy, its workers are part of the supply chain of countless Western companies, and the Chinese state is the single largest owner of US government debt, according to The Independent. In addition, China economy provides the dragon share of demand for all of the world raw materials. This is a quite ridiculous notion. The US – or the world – can no more decouple economically from China than Trump can decouple from his own ego. In some senses, it is actually worse in China. Another myth is that China financial markets are akin to those of the West – and the effects of a mass sell-off are comparable. (news.financializer.com). As reported in the news.