TẦM NHÌN "ĐỊA-VĂN-CHÍNH-CÔNG-KINH"
QUYẾT ĐỊNH THÀNH CÔNG
I FORESEE TO WIN
NOTHING IS PERMANENT EXCEPT CHANGE

As the US-China trade spat gets uglier, people in both countries are asking: Who has more to lose? And how does this end?

China has more to lose economically in an all-out trade war. The Chinese economy is dependent on exports, and nearly 20 per cent of its exports go to the United States.

It sold US$506 billion in stuff and services to the US last year. In contrast, the US only sold US$130 billion to the Chinese.

"In a serious economic battle, the US wins. There is no question about it," said Derek Scissors, a resident scholar at the American Enterprise Institute who has helped advise the administration on China.