China's communist leaders reportedly starting to buckle under pressure of Trump's trade war

Business Insider ^ | August 10, 2018 | Ben Blanchard and Kevin Yao, Reuters

[wastedyears]

Electronic devices and kitchen appliances should be built in the USA.

I'd have no problem sending money to Japan or South Korea.

[Cowboy Bob]

I'd have no problem sending money to Japan or South Korea.

Remember, before China it was "Japan, Inc." Who knows what comes after China as America's greatest economic competitor - a reunited Korea?

Economic security is national security. We should not be beholden to any foreign country - friend or foe.

[Moorings]

For years we've been told that we cannot stand up to China for their unfair trade practices, their cheating and stealing of our technology. We have been repeatedly lied to and persuaded that to stand up to China is impossible, and the economy would collapse, and life as we know it will come to an end.

Our do-nothing politicians from both parties had been paid for and bought off. They looked the other way while our manufacturing jobs disappeared, our technological advantage disappeared. The blue collar workers suffered as they were led around by the nose, by the corrupt union leaders to vote for these corrupt politicians.

Meanwhile these politicians, and certain business leaders made money, while everybody else was short changed. They kept up the doom and gloom rhetoric of confronting China.

[LRoggy]

“I suspect that China’s “capitalists” who own the various companies are party officials. We may soon find out how secure Xi’s hold on power is, when the business ventures of his officials and generals start going bust.”

About 97% correct, the influence on the Army ownership is where the cracks are coming. Lots of spending on building up the military is funded by the trade surplus and anything that threatens it harms how the Politburo buys the Military off and keeps it from becoming their own power center.

[teacherwoes]

Personally, I don't see how that would do anything. Would it be to show the Chinese people what their leaders are like?

The average Chinese citizen wouldn't know about it because of censorship by the government. What it might cause is a purge of the leadership (since Xi is on an anti-corruption campaign already). The chaos it would cause, especially if the named leaders are near Xi, would be great as everyone would be trying to save their posts and their lives. Xi may go down in flames if such a purge happens. Meanwhile, the trade war goes on and the Chinese economy takes a big hit.