Americans should thank China
Updated: 2011-10-27 08:06
Comment on "Concern over currency bill" (China Daily, Oct 14)
If China stops exporting inexpensive products to the United States, what would Americans do? In today's average American household, almost 70 percent of the household items come from China. This is because very few products are made and sold in the US at a decent price today. Higher prices of US-made goods drive Americans away and have made China the leading supplier of products to the Americans. The continuing economic crisis shows that without the imports from China we Americans would be reaching deeper into our bank accounts for even everyday purchases. If not for China's economic policies, which have helped the US, our balance sheet would be deeper in the red than it is now.
Mallia from the US, via e-mail
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(China Daily 10/27/2011 page9)