China's Metamorphosis: "From Export Juggernaut To a Credit Addict

China's Metamorphosis:
"From Export Juggernaut To a Credit Addict"
By Mike Whitney

Americans have a fundamental misunderstanding about the US/China relationship. China is not in the driver's seat and neither is the United States. There's a third party involved, but that party remains mostly invisible. And that's how they like it. Continue