This year, China has a more decisive indicator than the United States.

According to an article published on January 11 in the Washington post, Chinese people now buy as much as americans do, which is a game-changer for the world economy. The power of consumerism has taken root in China. For the first time in 2018, China's retail sales are poised to surpass even the United States, which will be another defining symbol of China's emergence as an economic superpower. The growth of China's domestic retail market is attracting all car companies set up the company in the country, in order to continuously from the local growing middle class to make money, but it has also become a trump the President sought to change another problem of u.s.-china trade.

Japan's mizuho bank predicts retail sales in China will be just over $5.8 trillion this year. This is a staggering increase from a decade ago, when China's retail sales were only a quarter of that of the us. China's rapidly growing middle class is eager to buy branded clothes, cars and mobile phones. Shanghai is now known as the "Paris of the east" by the fashion world. Their spending habits are being supported by their rising incomes, which have jumped from about $2, 000 a decade ago to more than $8, 000 a year.

"China's best bargaining chip is its vast and growing rapidly in the domestic market", mizuho bank's chief economist, said shen jianguang "will greatly change the balance (strength) of China and the United States, because this is the first in a potential trade war should equal the size of the market." The expulsion from the White House of the former chief strategist of trump, the former chief strategist of the "war on China", has also reduced Washington's unrelent urgency in economic and trade issues.

While Mr Trump wants to show his trade position to his blue-collar voters is tough, big us companies are clearly reluctant to see any drastic measures. Today, more than 20 per cent of sales in the us, such as general motors, Boeing and apple, come from China. Any move to restrict access to the United States by Chinese products could hamper U.S. companies in the Chinese market. "China is one of the most important markets for many American multinationals," he said. "it gives China an extremely powerful bargaining power." The U.S. was able to beat Japan in a trade war in the 1980s because the U.S. economy was much larger than Japan's, and the story would be different in China.