so is this just a one off, or the first cracks in a damn about to burst. China’s accounting is bunk, and the economic war with trump could be causing more pain then they’d like to admit
err, dam not damn
Well we know they lie about everything but most especially their economy, but this is something they can’t cover up.
Friends who know and have lived in China say don’t underestimate the power we hold in terms of food. They need everything we are good at producing - soybeans, hogs, wheat for noodles, etc., and you can’t just open up a new food factory like you can to produce more iPhones.
And phones don’t taste good ;-)