> having to pay the deflationary piper down the road. That segment of the
> super-exploited Chinese working class employed in the PRC’s massive export
> sector subsidizes the US’ expansionary economic policies
China's exports are heavily salted by state of the art Japanese/East Asian factories, which pay higher wages and have better conditions than many local firms. It looks like Japanese capital is taking a page out of the EU's book., i.e. resolving its internal accumulation crisis by underwriting demand in its local semi-periphery.
-- DRR