You have to wonder whether he is genuinely oblivious or simply aware of how dire the US situation is and deliberately misrepresenting it. In every interview I’ve seen with him over the past few weeks, he appeared visibly anxious, stammering and deflecting questions with little conviction. It is clear that producers can more easily identify new consumer markets than consumers can replace goods they rely on and cannot produce independently. China’s domestic economy is expanding, and BRICS as a collective is growing economically as well. There is plenty of increased consumption outside the US to ensure robust demand for Chinese exports going forward.