If China’s Economy Collapses, What Will Be The Impact On The Other Countries?
Posted by China Sourcing CommentatorOct 1
since china exports products to many countries, the collapse of china’s economy will send shock to entire asia, and many other countries (e.g. Australia).
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if it happens which I doubt it will, it affect the entire south eastasia, including asia, MAY even send a shock wave to the entire world
It would heavily affect the US for sure, they own hundreds of billions if not trillions of our national debt.
Less cheap luxuries for us.