Posted on 07/13/2018 1:59:55 AM PDT by cba123
[BEIJING] A hotel in the Chinese city of Shenzhen plans to charge its US guests an extra 25 per cent amid a trade war between Beijing and Washington, according to the Global Times, a tabloid published by the ruling Communist Party's People's Daily.
The Modern Classic Hotel Group had put up a notice at its hotel informing guests of the extra charge on American guests, the paper said in a report dated Thursday.
"We put up the notice last Friday. Our boss was really angry about the endless tariffs the US planned to impose on China, so we decided to stand with the country and show our support," a spokesperson of the hotel surnamed Yang told the paper.
People answering the phone on Friday at numbers on the hotel's website said they were unaware of the policy.
(please see link, for full story)
(Excerpt) Read more at businesstimes.com.sg ...
I do not think China is “slowing”.
They are currently running the biggest deficit in history, with America.
World record.
This year. Right now. THIS MONTH.
You can read the world financial press and see for yourself. Google: "china economy". The Shanghai Exchange is down 22% from it's high. It's telegraphing the trouble ahead. China's taking on debt to compensate. There is no fuel for your $200B purchase. This protectionist business will push them to recession and they'll take us with them.
You could not be more wrong.
100% wrong.
We’ll see...
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