THE STAKES ARE higher than ever before for a seat at the table for Asian economies exporting to the US. And each month they get higher still. The rules of the game require Asian countries collectively to finance the US to the tune of roughly $1 billion a day. In exchange, the US buys all the manufactured goods that Asia’s factories can produce.
There are perhaps a dozen Asian players around the table, all paying the US to purchase the same basic goods.
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