China was heavily dependent on the United States for exports, core manufacturing technology and imports of soybeans, but more than anything it was weakened by its reliance on the US dollar, according to a leading Chinese finance professor. Photo: AFP

Time for a reality check for China’s wishful US trade war thinkers, Chinese professor warns

China has risen within the US dollar system but also been weakened by it, academic says

Topic |   US-China trade war

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China was heavily dependent on the United States for exports, core manufacturing technology and imports of soybeans, but more than anything it was weakened by its reliance on the US dollar, according to a leading Chinese finance professor. Photo: AFP
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