Tensions escalated between the United States and China when Trump wrote in a tweet on May 5 that he would increase tariffs on $200 billion Chinese goods to 25 percent from 10 percent. Trump accused Beijing of backtracking on its commitment to deliver structural reforms.
The dispute revealed the vulnerability of China’s stock market, with the Shanghai Stock Exchange Composite Index falling nearly 6 percent on May 6, the day after Trump’s tweet. The stocks haven’t recovered since then.
The total outflow from Chinese stocks by nonresidents since tensions escalated reached $6.2 billion, according to IIF, which has tracked capital movement in emerging market equities on a daily basis since 2010.
(Excerpt) Read more at theepochtimes.com .
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THE CHINESE ECONOMY IS FRAGILE. They grew too fast. It’s like the fragile building boom in Beijing and Shanghai. Go outside many of the impressive looking sky scrapers and smell the sewage emanating from the shoddy sewage systems that were built too quickly.
The Chinese don’t realize how fragile economies are and how sensitive they are to downturns. They could easily fall into a free fall, a downward spiral that grows and grows until they hit rock bottom. Once it starts, people panic, and there is not much the government can do. A Chinese crash is actually the most dangerous risk to the U.S. and world economy, but it is how we win.
As Margaret Thatcher said to George Bush, don’t get wobbley on us, President Trump. This is a serious fight and the best thing to do is to hit them hard right on the nose and keep hitting them hard until we win.
IT HAS TO BE DONE. The Chinese are dangerous. They are arrogant and tell the world they are going to dominate us both economically and militarily by 2025.
They currently have 1.5 to 3 million Muslims from their northern territories in concentration camps. They are aggressive militarily in Asia. They are supporting rogue nations around the world. They are stealing technology. They had completely one sided trade barriers against foreign companies.
Evil is not too strong a word for what China is doing.
As usual, ignore the mainstream media’s coverage of the trade war, especially the Europeans. Many of them just want Trump to look bad. They focus on the little bit of pain we might experience and completely ignore why the war is necessary.
The dispute revealed the vulnerability of China’s stock market, with the Shanghai Stock Exchange Composite Index falling nearly 6 percent on May 6, the day after Trump’s tweet. The stocks haven’t recovered since then.
The total outflow from Chinese stocks by nonresidents since tensions escalated reached $6.2 billion, according to IIF, which has tracked capital movement in emerging market equities on a daily basis since 2010.
(Excerpt) Read more at theepochtimes.com .
------------
THE CHINESE ECONOMY IS FRAGILE. They grew too fast. It’s like the fragile building boom in Beijing and Shanghai. Go outside many of the impressive looking sky scrapers and smell the sewage emanating from the shoddy sewage systems that were built too quickly.
The Chinese don’t realize how fragile economies are and how sensitive they are to downturns. They could easily fall into a free fall, a downward spiral that grows and grows until they hit rock bottom. Once it starts, people panic, and there is not much the government can do. A Chinese crash is actually the most dangerous risk to the U.S. and world economy, but it is how we win.
As Margaret Thatcher said to George Bush, don’t get wobbley on us, President Trump. This is a serious fight and the best thing to do is to hit them hard right on the nose and keep hitting them hard until we win.
IT HAS TO BE DONE. The Chinese are dangerous. They are arrogant and tell the world they are going to dominate us both economically and militarily by 2025.
They currently have 1.5 to 3 million Muslims from their northern territories in concentration camps. They are aggressive militarily in Asia. They are supporting rogue nations around the world. They are stealing technology. They had completely one sided trade barriers against foreign companies.
Evil is not too strong a word for what China is doing.
As usual, ignore the mainstream media’s coverage of the trade war, especially the Europeans. Many of them just want Trump to look bad. They focus on the little bit of pain we might experience and completely ignore why the war is necessary.
