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Keyword: changisaquack

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  • China in distress: Protests, economic signals reveal pressure from U.S. tariffs

    05/09/2025 9:06:39 PM PDT · by E. Pluribus Unum · 10 replies
    Just the News ^ | May 9, 2025 11:07pm | Steven Richards
    In the "socialist market economy" of China, some cracks are visible that show a country unprepared to stand up to Trump tariffs long-term. China has been increasingly opaque in markets and manufacturing information. As Beijing and Washington meet this weekend in Switzerand for trade talks, the Chinese economy is in more significant distress than is widely reported. The country is facing heightened pressure from an ongoing property crisis, protests, and a general economic downturn, in part because of recent U.S. tariffs. U.S. Treasury Secretary Scott Bessent is holding meetings with senior Chinese Communist Party Politburo member, Vice Premier He Lifeng,...