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yes because the us pays china good money to do labor ex; making clothing, cars, toys. And the us could purchase American made goods and services to stimulate our economy.China dose have more money than US but its far from a better economy than US. Economy is checked by dividing the money country have with its population. US barely has less money than China so consider that China has $10 trillion and US have $7 trillion now dividing china's money with it's population of 3 billion and US money with .35 billion you wound notice China has only $3333 per person and US has $21,428 which is about 6.5 times more money than China.
So China will have to earn more 6.5 more times of it's current money to beat US economically.
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∙ 12y ago
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How much money does the us owe itself?
None. The US owes other countries, like China, money that they have loaned to us.
How much is Chile money compared to us dollar?
chile's money is $10 more than th U.S
Why is the United States in debt to china?
Because they borrowed money to get out of the recession and if china asks for their money back tomorrow the US goes back into recession. The united states has what you called bonds which are a promise to pay back the person who has those bonds. China bought more than one trillion of dollars in bonds from the united states. There is many things the US goverement can do to lower that ammount. For example one could be adding more value to the US dollar doing so would mean that chineese currency would be less valuable thus the debt would be less. (correct me if i am wrong) Second the US goverment can do a payment plan to pay back the debt from china.
Where does the US rank in foreign money exchange?
2nd just below Great Britain which means that it is worth more than most of the worlds currencies and you will get more of the foreign currency for your US$.
Why is the US in debt?
The obvious reason is that it borrows more than it pays back. Congress controls government spending and taxation. More money is spent than is collected in taxes, so the difference has to be borrowed , putting the US in debt.
Does the US have a trade surplus or a trade deficit with China?
The US has a trade deficit with China. That means China sends the US goods worth worth more money than those the US sends China.
How much money does the US owe to china?
As of July 2014, the estimated amount of money owed to China from the United States is 17 trillion dollars. The US owes China more than any other country.
Would china or the us win a war?
China has sheer numbers. You decide. [China because the US relies on China economically and for their military, since the US uses the money China give them to buy military weapons, and they buy weapons from them.]
Is their more people in China?
More than where? Compared to the US, China has about four times as many people.
Is Caribbean money worth more than US money?
Yes, a dollar seventy(US) more
Is the china yuan worth more than the us dollar?
No
What countries have more land than the US?
Russia China
Why does China have a better economy than the US?
the reason than China is bigger than U.S is because People's Republic of China has more land area than the United States of America, ssa bmud
Why do we owe china so much money?
Because the US spends far more each year than it takes in. That is called the deficit. Every year that we have a deficit, we need to borrow money to make up the difference. That is called the debt. Much of that loaned money comes from China, or the debt was assigned to China by whoever the US borrowed from. Since we're living on borrowed money, we have to owe someone. China is one of those someones.
What are the two countries with more people than the US?
China and India.
What 2 countries have more people than the US?
China and India
How many more people does china have than US?
None of your business
