Comparison of American Economy and Chinese Economy

The United States is the world's largest importer, the world's largest and largest exporter, and the world's largest importer. The American economy is characterized by capitalism and mixed economy. The United States is a very rich man, the Chinese government is very rich, the US government is poorer than the Chinese government, but the American people are wealthier than China. China is the largest US trading partner, accounting for 16% of the total, the United States is China's second largest trading partner, accounting for 14.1%.

China and the US economy are mainly due to the huge wealth gap, the United States more money than China, which is why US stocks and bonds are considered a barometer of the world economy. But the United States is the largest debtor, China is the largest creditor. The United States owes the economy, the United States through the sale of US debt, borrow money to spend in the world. Although China is a surplus economy, one is the annual trade surplus, especially the largest US trade surplus, accumulated a few trillion. China only purchases US debt to store these foreign exchange.

Americans have money, but they do not put all the money in the bank, the Chinese people like to put money in the bank, the Chinese people have 1.3 billion people, the Bank of China is very rich, China use of funds to stimulate China's economy, rapid economic development .

The United States is the largest innovator, China is the largest replication country. The United States is the largest scientific and technological innovation. The United States has won more than 300 Nobel prizes, not one in China. Can be a first-class imitation ability. Of course, the United States does not want to copy China, do not want to try to copy other countries.

America 's largest bank, America' s largest stock market. But China and the United States, China is the largest producer, China relies on industry to make money. So China produces American consumption, which is why China wants the United States to be rich forever, and the United States is thinking about the same thing.

The United States has the dollar, the dollar can be printed, the United States as long as the Indian dollar, you can pass their own crisis to the world, so the Americans are always rich. But China is different, because the yuan is not worth US dollars, so China is hard to make money. Chinese production is also super cheap things.