Just a coincidence......................
Can’t let the Chicoms not screw us any more.
And no mention of Iran....
“relations between the two economic superpowers will deteriorate”
Who gives a damn?
We don’t need them, they need us.
So they buy our T-bills? Goody. Let them try to foreclose.
China buys virtually nothing from us and if they do, they copy it and try to produce it themselves. Airplanes? Do a search on “AVIC” and see how they plan to get rid of the last manufactured good they do buy from us (Boeing airplanes).
Stock market falling over the arrest of a criminal Chinese official is absolutely idiotic.
“US markets plunge after arrest of Chinese tech executive”
I don’t know why any U.S. company, or any company for that matter, would do business with china in this day and age; they have shown repeatedly that they are not to be trusted. They have repeatedly been caught making/selling counterfeit hardware, and other products. The worst one, IMHO, was when they were spiking pet food, and later baby forumla, with melamine to make it appear to have a higher protein content, and enable them to demand a higher price for their products. Pets were starving to death, and who knows what effect it had on babies. Melamine is a mineral, with absolutely no nutritional value, which mimics the presence of protein, so that substances that have been spiked with it falsely show higher protein content when tested.
Their national mindset is to cheat / steal / cut any corner they can get away with, regardless of any prior agreement / promise / contract they made, and if YOU don’t catch them at it, and you get screwed, they consider it YOUR fault for not catching them at it. They don’t consider their lack of integrity or honesty to be the problem; you are supposed to expect them to do it, and you are at fault if you don’t take measures to catch them at it or to prevent it. If they can cheat you out of a penny at some step in the process, it make their day!