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Why business ties that bind US and China should stay strong
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Many big US companies depend on China for a substantial part of their income and rely on Chinese suppliers and factories for their products.
PHOTO: REUTERS
Jeff Sommer
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If you follow the news, you would know that tensions between the US and China are high and that the commercial ties between the two biggest trading nations on the planet have been fraying.
Yet, amid the ominous headlines about a possible “decoupling” of the US and China, you might be surprised by how strong and binding their financial ties remain.
