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According to question, Aircraft, soybeans, motor vehicles and microchips are top U.S. exports to China .
Since joining the global supply chain network, where the United States and its allies hold the technological upper hand, China has experienced significant economic progress. According to a research released on Wednesday by the U.S. Chamber of Commerce and Rhodium group, if the White House pursues a severe break with China, the U.S. economy might lose more than $1 trillion in production and long-term global competitiveness.
It is the third-largest creditor in the world and a significant lender to developing nations. However, in terms of international trade and finance, China continues to be largely dependent on the dollar and entry to the American financial system.
To know more about China Economy visit :
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