Posted on 01/16/2019 8:00:32 AM PST by dynoman
China is still the worlds No. 2 economy and is still the monster of emerging markets, but regardless of those bonafides, Xi Jinpings country is losing the trade war in nearly every way imaginable.
(Excerpt) Read more at forbes.com ...
Not to mention a population that skews to old age.
Then why does Drudge keep headlining record trade deficits with China?
He’s being stupid.
I think that makes sense and it probably should be included in this Forbes article. But in fact the article basically argues that China could and might “win” the trade war.
[Well, there were articles out the other day saying Chinas trade surplus with the United States was bigger than ever. So if China is losing the trade war, I guess we losing it more.]
The liberal media and diehard conservative free traders are talking up the trade deficits out of a combo of ignorance and/or deceit. This ain’t rocket science. When 25% tariffs kick in, Chinese exports to the US will go down significantly. Chinese costs are already significantly higher than places like Vietnam, Cambodia, Thailand, Malaysia and Indonesia. Throw in copyright and patent issues, and the average American manufacturer whose principal market is stateside (like Black and Decker, Fuller, etc) has a pretty good case for relocating to China’s neighbors.
All roads lead to China regardless of what their numbers currently are saying or say in the future...........just as all power will rest in Europe as things progress.
Trump meanwhile is fighting to stop the destruction of our country which the Elite Globalists have every intention of making this into a country full of S. Americans.,.....and deprive our nation of it’s leadership on the world stage.
They will stop at nothing.
No doubt. He seems like a sort of Cassandra - crying all the time.
Actually didn’t Steve Forbes sell to a Chinese company, several years ago now?
Just saying.
Maybe because we just set (another) all-time record bad world trade balance, with China.
actually, Hong Kong I think
Yes.
Sort of the exact same thing.
I get your point, but in fact it is exactly the same thing, in my view.
Your opinion may vary. :)
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