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Essay

china Payments

Essay specific features

 

Issue:

Business

 

Written by:

Wanda G

 

Date added:

February 15, 2017

 

Level:

University

 

Grade:

A

 

No of pages / words:

2 / 498

 

Was viewed:

7096 times

 

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Essay content:

China leads American companies earn big profit by using cheap factors of production. In addition since the US imports more that it export, the US have a trade deficit, creating an current account deficit. So in order to keep low interest rate, the Chinese government invest in the America economy through treasury bonds, this help the economy to be stable and ensure customer spending...
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So in order to keep low interest rate, the Chinese government invest in the America economy through treasury bonds, this help the economy to be stable and ensure customer spending. So when US market consume Chinese product, China pays the US with treasury bond. By buying this treasury bonds, China is making sure that america will continue buying its exports...
displayed 300 characters

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