Does the U.S. matter to China?

CGTN Europe

Are we overestimating the importance of #trade #tensions between #China and the #US? @berthofmanecon from @nuseai shares his opinion with @TheJulietMann

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00:00The trade issue is one, and it's too early to tell really where that is going. We've now had

00:05an announcement of 20 percentage point extra tariffs on Chinese exports to the United States.

00:13But you have to think that the United States is no longer as important for China as it was before.

00:19The United States exports to the United States constitutes about two and a half percentage

00:24point of China's GDP. That's not trivial, but it's also not 20 percent or 25 percent,

00:31sometimes the impression that the United States has.

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