China fact of the day

Since trading partner implies both imports and exports is this still true if you add WMT’s exports to China and compare it to China’s two way trade with other countries?

Today
25th October I see the dollar dwindling in circles. There is no chance the dollar will come up now as the Far Eastern economies are bettering the American dollar not just on the currency field, but the skies see the Chinese and Russian satellites after many year . Do not know if we are back to the era of Mao like years but the dollar is definitely out for some time.
Seems bad but that is the fact American will have to live with. I think the downfall was mostly because of the Iraq war and no oil or no WMD. The oil has shot up to 90 but this should not worry the consumers. The reason is simple. We are talking of the CPI. This means what one commentator has said, American can spend a lot. The purchasing power therefore denotes the GDP or NDP. Oil at 100 also is cheap( although at this time all eyes are on Iraq and turkey borders, I guess this is a political maneuver too), and the fires in California have shifted all eyes not on oil but the growing China and India and the Iran shaking hands with Putin who agrees that Iran can have the nuke facilities.
This put the GDP off the scoreboard for now. WE are looking at the CPI and the money I have to spend at this time. Do I have enough, then why do I to worry about the GDP. What is more the globalization state we are a small village. Therefore, I can safely look at the other places not particularly mine and leave the GDP totally off my life
Firozali A.Mulla MBA PhD
P.O.Box 6044
Dar-Es-Salaam
Tanzania
East Africa