“the trade war instigated by the US...”
Yeah, with that lie every thing workd.
read that China had 3.5 trillion dollar war chest elsewhere. If they don’t create wealth with it then that will go down the drain $2700/person.
Article: [Having experienced more than 5,000 years of disturbances, what kind of battle formation have the Chinese people not seen?” ]
Bring it losers.
Your employees will earn 40-60% less and will object.
China screaming. Democrats whining. RINO Republicans opposed. Academics and journalists berating. Chamber of Commerce angry.
Trump’s tariff policy must be good.
I think China is in a difficult position. Their entire economy is over leveraged and, therefore, unstable. They can’t afford even a one percent drop in any category without either adding huge loans to that category or throwing thousands of workers out of work. They are terrified of social unrest. Trump has all the cards here and he knows it. They aren’t dealing with a Clinton or Obama who will cave. They are dealing with Bart Maverick.
Any agreement must include Chinese reimbursement for farmers’ loss of sales, full respect for trade secrets and compensation for intellectual property usage.
Yeh, their newest hit song “Running Scared”. The days of China getting rich ripping off the US are coming to a screaming halt just like their economy. In a trade war they lose big and they know it.