China state media warn Trump against renouncing free trade deals

The fact that they do own so much of the US currency makes you the "loser" in restricting the trade, if China really would want to hurt you.

Look, their debt holdings consist predominantly of US treasury securities. You can't even get your facts straight about a simple matter like that so why do you think you are remotely qualified to make bold claims about future economic trends?

Also, don't mind all the prices of most products in your country that will go up by 50%. Tell that to the middle class who want to buy a new dishwasher.

China isn't the only country with cheap labor. Trump has indicated a preference for bilateral trade deals (as opposed to free trade), which is not "no trade".

You make it look so easy while youre not really aware of the consequences. You lived your last 40 years on the debt of future generations, buying stuff you cant afford with money you don't have. It would be ignorant to say that you do not believe in the problems coming with it.

This is just a bunch of ignorant soapboxing on your part. It's devoid of any technical commentary. I'd suggest educating yourself about public debt mechanics. You can start by reading Krugman's article to see how the U.S. is far from being the loser in its trade relationship with China.

/r/China Thread Parent Link - reuters.com