Western (US / EU) demand is what drives China's growth.
China's exports are not as much of an influence on it's GDP as you would think. The difference between China and the US is less than 10% of GDP.
China's middle class has grown very wealthy which has undoubtedly reduced China's reliance on exports and stabilized its economy against outside interference.
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China's exports are not as much of an influence on it's GDP as you would think. The difference between China and the US is less than 10% of GDP.
China's middle class has grown very wealthy which has undoubtedly reduced China's reliance on exports and stabilized its economy against outside interference.