"US dependence on China is higher, because China can source agricultural products from elsewhere more easily than the US can replace electronics and machinery,” @mbengoa.bsky.social said. “Beijing is already buying up soyabeans from Brazil." www.ft.com/content/7c0d...
How US dependence on Chinese goods exceeds Chinese dependence on US goods.
Isn't it the wrong way to look at the question though? Isn't the value of the U.S. to Chinese manufacturers is its consumer market? So the question for China is different - not whether it can do without imports (probably can) but whether it can export somewhere else?
The good old Wall Street and the oligarchs created this situation through their own greed. See who the top 10 are… “This is not the actions of a friend, so we shall cash in our bonds” ticdata.treasury.gov/resource-cen...
It’s obvious they’re holding the cards and are fitter for battle during this extremely ill fated trade war.