Trump losing war: China blunting blows of Trump's trade war and grabbed bigger global exports share

[Denizen]

Cina's exports have been rising since Donald Trump's inauguration in 2017 while US exports is trending down since 2018. China's exports reached new post-Trump highs in 2017 and 2018 and are increasing in 2019.

Donald Trump has shot Uncle Sam in the head allowing China to increase their global economic influence and economic strength.

China will eventually compete directly with US exporters to steal market share. This is the fear that has been driving the trade war. That the US is declining in international economic influence while China is increasing.

China is blunting the blows of Trump's trade war and just grabbed an even bigger share of global exports | Markets Insider

China is blunting the blows of Trump's trade war and just grabbed an even bigger share of global exports
Yusuf Khan
Aug. 29, 2019, 06:24 AM

China's economy is holding up well during the trade war — and the country has even managed to grab an even bigger share of global exports.

That's according to Capital Economics, which analyzed data that show China exports have inched up despite the trade war to reach almost 12% of the world's total. Why?

Two main factors are helping China blunt the impact of tariffs, Julian Evans-Pritchard, senior China economist at Capital Economics, said in a note.

One is a weaker yuan. China has let its currency slide lower — the renminbi has depreciated 5% in trade-weighted terms since June last year, the economists said.

"This has encouraged exporters to lower their US dollar export prices by 2%, boosting the competitiveness of all Chinese exports to the US, not just those affected by tariffs, as well as all exports to the rest of the world," says Evans-Pritchard.

Another reason: China is shipping US-bound exports to other Asian countries to circumvent the tariffs. China's shipments to south-east Asian countries have increased during the trade war. That's helping.

"China's economy has held up well despite the escalating trade war with the US," Capital Economics said. "Growth on the China Activity Proxy – our in-house measure of GDP growth – has been stable since the first round of US tariffs came into force in July 2018. This is partly thanks to domestic strength, especially property construction. But the export sector has also performed reasonably well."

"Admittedly, exports have slowed, and there is no question that US tariffs have had a negative impact on US demand for the targeted goods," Evans-Pritchard said. "But if US tariffs were the main culprit, one would expect China's exports to have weakened more than exports from elsewhere. Instead, China's share of global exports actually edged up during the past year."

Evans-Pritchard did say however that the trade war is harming China's economy, saying he expects the drag on GDP growth to rise to 0.5 percentage points over the next few months "as the impact of the May tariff hike starts to be fully felt." Additional tariffs could raise that drag to 0.8 percentage points by early 2019.
"But with Chinese policymakers likely to let the renminbi weaken further in the coming quarters, and transhipments unlikely to be eliminated entirely, the negative impact of US tariffs will continue to be dampened to some degree," he said.

The below chart, using CEIC data, shows how China is diverting trade since the onset of tariffs:

 

[toobfreak]

Cina's exports have been rising since Donald Trump's inauguration in 2017 while US exports is trending down since 2018. China's exports reached new post-Trump highs in 2017 and 2018 and are increasing in 2019.

Donald Trump has shot Uncle Sam in the head allowing China to increase their global economic influence and economic strength.

China will eventually compete directly with US exporters to steal market share. This is the fear that has been driving the trade war. That the US is declining in international economic influence while China is increasing.

BREAK OUT THE CHAMPAGNE! Denizen has another reason to celebrate this weekend!

 

[theHawk]

Cina's exports have been rising since Donald Trump's inauguration in 2017 while US exports is trending down since 2018. China's exports reached new post-Trump highs in 2017 and 2018 and are increasing in 2019.

Donald Trump has shot Uncle Sam in the head allowing China to increase their global economic influence and economic strength.

China will eventually compete directly with US exporters to steal market share. This is the fear that has been driving the trade war. That the US is declining in international economic influence while China is increasing.

China is blunting the blows of Trump's trade war and just grabbed an even bigger share of global exports | Markets Insider

China is blunting the blows of Trump's trade war and just grabbed an even bigger share of global exports
Yusuf Khan
Aug. 29, 2019, 06:24 AM

China's economy is holding up well during the trade war — and the country has even managed to grab an even bigger share of global exports.

That's according to Capital Economics, which analyzed data that show China exports have inched up despite the trade war to reach almost 12% of the world's total. Why?

Two main factors are helping China blunt the impact of tariffs, Julian Evans-Pritchard, senior China economist at Capital Economics, said in a note.

One is a weaker yuan. China has let its currency slide lower — the renminbi has depreciated 5% in trade-weighted terms since June last year, the economists said.

"This has encouraged exporters to lower their US dollar export prices by 2%, boosting the competitiveness of all Chinese exports to the US, not just those affected by tariffs, as well as all exports to the rest of the world," says Evans-Pritchard.

Another reason: China is shipping US-bound exports to other Asian countries to circumvent the tariffs. China's shipments to south-east Asian countries have increased during the trade war. That's helping.

"China's economy has held up well despite the escalating trade war with the US," Capital Economics said. "Growth on the China Activity Proxy – our in-house measure of GDP growth – has been stable since the first round of US tariffs came into force in July 2018. This is partly thanks to domestic strength, especially property construction. But the export sector has also performed reasonably well."

"Admittedly, exports have slowed, and there is no question that US tariffs have had a negative impact on US demand for the targeted goods," Evans-Pritchard said. "But if US tariffs were the main culprit, one would expect China's exports to have weakened more than exports from elsewhere. Instead, China's share of global exports actually edged up during the past year."

Evans-Pritchard did say however that the trade war is harming China's economy, saying he expects the drag on GDP growth to rise to 0.5 percentage points over the next few months "as the impact of the May tariff hike starts to be fully felt." Additional tariffs could raise that drag to 0.8 percentage points by early 2019.
"But with Chinese policymakers likely to let the renminbi weaken further in the coming quarters, and transhipments unlikely to be eliminated entirely, the negative impact of US tariffs will continue to be dampened to some degree," he said.

The below chart, using CEIC data, shows how China is diverting trade since the onset of tariffs:

....so rolling over and letting China export more shit to the US is going to bring down their global share of exporting?

 

[Denizen]

Cina's exports have been rising since Donald Trump's inauguration in 2017 while US exports is trending down since 2018. China's exports reached new post-Trump highs in 2017 and 2018 and are increasing in 2019.

Donald Trump has shot Uncle Sam in the head allowing China to increase their global economic influence and economic strength.

China will eventually compete directly with US exporters to steal market share. This is the fear that has been driving the trade war. That the US is declining in international economic influence while China is increasing.

China is blunting the blows of Trump's trade war and just grabbed an even bigger share of global exports | Markets Insider

China is blunting the blows of Trump's trade war and just grabbed an even bigger share of global exports
Yusuf Khan
Aug. 29, 2019, 06:24 AM

China's economy is holding up well during the trade war — and the country has even managed to grab an even bigger share of global exports.

That's according to Capital Economics, which analyzed data that show China exports have inched up despite the trade war to reach almost 12% of the world's total. Why?

Two main factors are helping China blunt the impact of tariffs, Julian Evans-Pritchard, senior China economist at Capital Economics, said in a note.

One is a weaker yuan. China has let its currency slide lower — the renminbi has depreciated 5% in trade-weighted terms since June last year, the economists said.

"This has encouraged exporters to lower their US dollar export prices by 2%, boosting the competitiveness of all Chinese exports to the US, not just those affected by tariffs, as well as all exports to the rest of the world," says Evans-Pritchard.

Another reason: China is shipping US-bound exports to other Asian countries to circumvent the tariffs. China's shipments to south-east Asian countries have increased during the trade war. That's helping.

"China's economy has held up well despite the escalating trade war with the US," Capital Economics said. "Growth on the China Activity Proxy – our in-house measure of GDP growth – has been stable since the first round of US tariffs came into force in July 2018. This is partly thanks to domestic strength, especially property construction. But the export sector has also performed reasonably well."

"Admittedly, exports have slowed, and there is no question that US tariffs have had a negative impact on US demand for the targeted goods," Evans-Pritchard said. "But if US tariffs were the main culprit, one would expect China's exports to have weakened more than exports from elsewhere. Instead, China's share of global exports actually edged up during the past year."

Evans-Pritchard did say however that the trade war is harming China's economy, saying he expects the drag on GDP growth to rise to 0.5 percentage points over the next few months "as the impact of the May tariff hike starts to be fully felt." Additional tariffs could raise that drag to 0.8 percentage points by early 2019.
"But with Chinese policymakers likely to let the renminbi weaken further in the coming quarters, and transhipments unlikely to be eliminated entirely, the negative impact of US tariffs will continue to be dampened to some degree," he said.

The below chart, using CEIC data, shows how China is diverting trade since the onset of tariffs:

....so rolling over and letting China export more shit to the US is going to bring down their global share of exporting?

No. Getting off your anus and competing is how its done.

The first step is to correct the over-pricing of the US$. This is widely recognized as the cause of the USA's lack of international competitiveness.

The US$ is over-priced by at least 30%.

 

[theHawk]

Cina's exports have been rising since Donald Trump's inauguration in 2017 while US exports is trending down since 2018. China's exports reached new post-Trump highs in 2017 and 2018 and are increasing in 2019.

Donald Trump has shot Uncle Sam in the head allowing China to increase their global economic influence and economic strength.

China will eventually compete directly with US exporters to steal market share. This is the fear that has been driving the trade war. That the US is declining in international economic influence while China is increasing.

China is blunting the blows of Trump's trade war and just grabbed an even bigger share of global exports | Markets Insider

China is blunting the blows of Trump's trade war and just grabbed an even bigger share of global exports
Yusuf Khan
Aug. 29, 2019, 06:24 AM

China's economy is holding up well during the trade war — and the country has even managed to grab an even bigger share of global exports.

That's according to Capital Economics, which analyzed data that show China exports have inched up despite the trade war to reach almost 12% of the world's total. Why?

Two main factors are helping China blunt the impact of tariffs, Julian Evans-Pritchard, senior China economist at Capital Economics, said in a note.

One is a weaker yuan. China has let its currency slide lower — the renminbi has depreciated 5% in trade-weighted terms since June last year, the economists said.

"This has encouraged exporters to lower their US dollar export prices by 2%, boosting the competitiveness of all Chinese exports to the US, not just those affected by tariffs, as well as all exports to the rest of the world," says Evans-Pritchard.

Another reason: China is shipping US-bound exports to other Asian countries to circumvent the tariffs. China's shipments to south-east Asian countries have increased during the trade war. That's helping.

"China's economy has held up well despite the escalating trade war with the US," Capital Economics said. "Growth on the China Activity Proxy – our in-house measure of GDP growth – has been stable since the first round of US tariffs came into force in July 2018. This is partly thanks to domestic strength, especially property construction. But the export sector has also performed reasonably well."

"Admittedly, exports have slowed, and there is no question that US tariffs have had a negative impact on US demand for the targeted goods," Evans-Pritchard said. "But if US tariffs were the main culprit, one would expect China's exports to have weakened more than exports from elsewhere. Instead, China's share of global exports actually edged up during the past year."

Evans-Pritchard did say however that the trade war is harming China's economy, saying he expects the drag on GDP growth to rise to 0.5 percentage points over the next few months "as the impact of the May tariff hike starts to be fully felt." Additional tariffs could raise that drag to 0.8 percentage points by early 2019.
"But with Chinese policymakers likely to let the renminbi weaken further in the coming quarters, and transhipments unlikely to be eliminated entirely, the negative impact of US tariffs will continue to be dampened to some degree," he said.

The below chart, using CEIC data, shows how China is diverting trade since the onset of tariffs:

....so rolling over and letting China export more shit to the US is going to bring down their global share of exporting?

No. Getting off your anus and competing is how its done.

The first step is to correct the over-pricing of the US$. This is widely recognized as the cause of the USA's lack of international competitiveness.

The US$ is over-priced by at least 30%.

30% compared to who?

US goods are cheaper than Europe’s. That’s why the EU slaps huge tariffs on US imports.

Of course Chinese made crap is cheaper. Benefits of using slave labor. So why then are you against tariffs being used to even things out?

 

[Zorro!]

WEIRD, I WAS TOLD HE WAS JUST AN ANGRY TODDLER WHO LASHED OUT WITHOUT THINKING: Cramer says ‘tariffs worked,’ Trump’s strategy forced China to agree to a trade deal.

 

[DBA]

Cina's exports have been rising since Donald Trump's inauguration in 2017 while US exports is trending down since 2018. China's exports reached new post-Trump highs in 2017 and 2018 and are increasing in 2019.

Donald Trump has shot Uncle Sam in the head allowing China to increase their global economic influence and economic strength.

China will eventually compete directly with US exporters to steal market share. This is the fear that has been driving the trade war. That the US is declining in international economic influence while China is increasing.

China is blunting the blows of Trump's trade war and just grabbed an even bigger share of global exports | Markets Insider

China is blunting the blows of Trump's trade war and just grabbed an even bigger share of global exports
Yusuf Khan
Aug. 29, 2019, 06:24 AM

China's economy is holding up well during the trade war — and the country has even managed to grab an even bigger share of global exports.

That's according to Capital Economics, which analyzed data that show China exports have inched up despite the trade war to reach almost 12% of the world's total. Why?

Two main factors are helping China blunt the impact of tariffs, Julian Evans-Pritchard, senior China economist at Capital Economics, said in a note.

One is a weaker yuan. China has let its currency slide lower — the renminbi has depreciated 5% in trade-weighted terms since June last year, the economists said.

"This has encouraged exporters to lower their US dollar export prices by 2%, boosting the competitiveness of all Chinese exports to the US, not just those affected by tariffs, as well as all exports to the rest of the world," says Evans-Pritchard.

Another reason: China is shipping US-bound exports to other Asian countries to circumvent the tariffs. China's shipments to south-east Asian countries have increased during the trade war. That's helping.

"China's economy has held up well despite the escalating trade war with the US," Capital Economics said. "Growth on the China Activity Proxy – our in-house measure of GDP growth – has been stable since the first round of US tariffs came into force in July 2018. This is partly thanks to domestic strength, especially property construction. But the export sector has also performed reasonably well."

"Admittedly, exports have slowed, and there is no question that US tariffs have had a negative impact on US demand for the targeted goods," Evans-Pritchard said. "But if US tariffs were the main culprit, one would expect China's exports to have weakened more than exports from elsewhere. Instead, China's share of global exports actually edged up during the past year."

Evans-Pritchard did say however that the trade war is harming China's economy, saying he expects the drag on GDP growth to rise to 0.5 percentage points over the next few months "as the impact of the May tariff hike starts to be fully felt." Additional tariffs could raise that drag to 0.8 percentage points by early 2019.
"But with Chinese policymakers likely to let the renminbi weaken further in the coming quarters, and transhipments unlikely to be eliminated entirely, the negative impact of US tariffs will continue to be dampened to some degree," he said.

The below chart, using CEIC data, shows how China is diverting trade since the onset of tariffs:

....so rolling over and letting China export more shit to the US is going to bring down their global share of exporting?

No. Getting off your anus and competing is how its done.

The first step is to correct the over-pricing of the US$. This is widely recognized as the cause of the USA's lack of international competitiveness.

The US$ is over-priced by at least 30%.

European products are more expensive than US products. China is cheap because they pay their workers nearly nothing.

Isn't it Democrats that want to pay workers more money by raising the minimum wage? How exactly does that translate to less expensive products?

 

[theHawk]

Cina's exports have been rising since Donald Trump's inauguration in 2017 while US exports is trending down since 2018. China's exports reached new post-Trump highs in 2017 and 2018 and are increasing in 2019.

Donald Trump has shot Uncle Sam in the head allowing China to increase their global economic influence and economic strength.

China will eventually compete directly with US exporters to steal market share. This is the fear that has been driving the trade war. That the US is declining in international economic influence while China is increasing.

China is blunting the blows of Trump's trade war and just grabbed an even bigger share of global exports | Markets Insider

China is blunting the blows of Trump's trade war and just grabbed an even bigger share of global exports
Yusuf Khan
Aug. 29, 2019, 06:24 AM

China's economy is holding up well during the trade war — and the country has even managed to grab an even bigger share of global exports.

That's according to Capital Economics, which analyzed data that show China exports have inched up despite the trade war to reach almost 12% of the world's total. Why?

Two main factors are helping China blunt the impact of tariffs, Julian Evans-Pritchard, senior China economist at Capital Economics, said in a note.

One is a weaker yuan. China has let its currency slide lower — the renminbi has depreciated 5% in trade-weighted terms since June last year, the economists said.

"This has encouraged exporters to lower their US dollar export prices by 2%, boosting the competitiveness of all Chinese exports to the US, not just those affected by tariffs, as well as all exports to the rest of the world," says Evans-Pritchard.

Another reason: China is shipping US-bound exports to other Asian countries to circumvent the tariffs. China's shipments to south-east Asian countries have increased during the trade war. That's helping.

"China's economy has held up well despite the escalating trade war with the US," Capital Economics said. "Growth on the China Activity Proxy – our in-house measure of GDP growth – has been stable since the first round of US tariffs came into force in July 2018. This is partly thanks to domestic strength, especially property construction. But the export sector has also performed reasonably well."

"Admittedly, exports have slowed, and there is no question that US tariffs have had a negative impact on US demand for the targeted goods," Evans-Pritchard said. "But if US tariffs were the main culprit, one would expect China's exports to have weakened more than exports from elsewhere. Instead, China's share of global exports actually edged up during the past year."

Evans-Pritchard did say however that the trade war is harming China's economy, saying he expects the drag on GDP growth to rise to 0.5 percentage points over the next few months "as the impact of the May tariff hike starts to be fully felt." Additional tariffs could raise that drag to 0.8 percentage points by early 2019.
"But with Chinese policymakers likely to let the renminbi weaken further in the coming quarters, and transhipments unlikely to be eliminated entirely, the negative impact of US tariffs will continue to be dampened to some degree," he said.

The below chart, using CEIC data, shows how China is diverting trade since the onset of tariffs:

....so rolling over and letting China export more shit to the US is going to bring down their global share of exporting?

No. Getting off your anus and competing is how its done.

The first step is to correct the over-pricing of the US$. This is widely recognized as the cause of the USA's lack of international competitiveness.

The US$ is over-priced by at least 30%.

European products are more expensive than US products. China is cheap because they pay their workers nearly nothing.

Isn't it Democrats that want to pay workers more money by raising the minimum wage? How exactly does that translate to less expensive products?

Den-Yi-Zen doesn’t like to talk about Chinese slave labor. He wants us to “compete” with that, in other words turn all of us into slaves working for pennies.

 

[Zorro!]

Cina's exports have been rising since Donald Trump's inauguration in 2017 while US exports is trending down since 2018. China's exports reached new post-Trump highs in 2017 and 2018 and are increasing in 2019.

Donald Trump has shot Uncle Sam in the head allowing China to increase their global economic influence and economic strength.

China will eventually compete directly with US exporters to steal market share. This is the fear that has been driving the trade war. That the US is declining in international economic influence while China is increasing.

China is blunting the blows of Trump's trade war and just grabbed an even bigger share of global exports | Markets Insider

China is blunting the blows of Trump's trade war and just grabbed an even bigger share of global exports
Yusuf Khan
Aug. 29, 2019, 06:24 AM

China's economy is holding up well during the trade war — and the country has even managed to grab an even bigger share of global exports.

That's according to Capital Economics, which analyzed data that show China exports have inched up despite the trade war to reach almost 12% of the world's total. Why?

Two main factors are helping China blunt the impact of tariffs, Julian Evans-Pritchard, senior China economist at Capital Economics, said in a note.

One is a weaker yuan. China has let its currency slide lower — the renminbi has depreciated 5% in trade-weighted terms since June last year, the economists said.

"This has encouraged exporters to lower their US dollar export prices by 2%, boosting the competitiveness of all Chinese exports to the US, not just those affected by tariffs, as well as all exports to the rest of the world," says Evans-Pritchard.

Another reason: China is shipping US-bound exports to other Asian countries to circumvent the tariffs. China's shipments to south-east Asian countries have increased during the trade war. That's helping.

"China's economy has held up well despite the escalating trade war with the US," Capital Economics said. "Growth on the China Activity Proxy – our in-house measure of GDP growth – has been stable since the first round of US tariffs came into force in July 2018. This is partly thanks to domestic strength, especially property construction. But the export sector has also performed reasonably well."

"Admittedly, exports have slowed, and there is no question that US tariffs have had a negative impact on US demand for the targeted goods," Evans-Pritchard said. "But if US tariffs were the main culprit, one would expect China's exports to have weakened more than exports from elsewhere. Instead, China's share of global exports actually edged up during the past year."

Evans-Pritchard did say however that the trade war is harming China's economy, saying he expects the drag on GDP growth to rise to 0.5 percentage points over the next few months "as the impact of the May tariff hike starts to be fully felt." Additional tariffs could raise that drag to 0.8 percentage points by early 2019.
"But with Chinese policymakers likely to let the renminbi weaken further in the coming quarters, and transhipments unlikely to be eliminated entirely, the negative impact of US tariffs will continue to be dampened to some degree," he said.

The below chart, using CEIC data, shows how China is diverting trade since the onset of tariffs:

....so rolling over and letting China export more shit to the US is going to bring down their global share of exporting?

No. Getting off your anus and competing is how its done.

The first step is to correct the over-pricing of the US$. This is widely recognized as the cause of the USA's lack of international competitiveness.

The US$ is over-priced by at least 30%.

European products are more expensive than US products. China is cheap because they pay their workers nearly nothing.

Isn't it Democrats that want to pay workers more money by raising the minimum wage? How exactly does that translate to less expensive products?

They also claim that they want environmentally clean manufacturing, yet China is one of the dirtiest manufacturers on the planet.

Dems can be counted on to take China's side in every US/China conflict. China shovels A LOT of cash to Left Wing politicians and Institutions.

 

[Denizen]

Cina's exports have been rising since Donald Trump's inauguration in 2017 while US exports is trending down since 2018. China's exports reached new post-Trump highs in 2017 and 2018 and are increasing in 2019.

Donald Trump has shot Uncle Sam in the head allowing China to increase their global economic influence and economic strength.

China will eventually compete directly with US exporters to steal market share. This is the fear that has been driving the trade war. That the US is declining in international economic influence while China is increasing.

China is blunting the blows of Trump's trade war and just grabbed an even bigger share of global exports | Markets Insider

China is blunting the blows of Trump's trade war and just grabbed an even bigger share of global exports
Yusuf Khan
Aug. 29, 2019, 06:24 AM

China's economy is holding up well during the trade war — and the country has even managed to grab an even bigger share of global exports.

That's according to Capital Economics, which analyzed data that show China exports have inched up despite the trade war to reach almost 12% of the world's total. Why?

Two main factors are helping China blunt the impact of tariffs, Julian Evans-Pritchard, senior China economist at Capital Economics, said in a note.

One is a weaker yuan. China has let its currency slide lower — the renminbi has depreciated 5% in trade-weighted terms since June last year, the economists said.

"This has encouraged exporters to lower their US dollar export prices by 2%, boosting the competitiveness of all Chinese exports to the US, not just those affected by tariffs, as well as all exports to the rest of the world," says Evans-Pritchard.

Another reason: China is shipping US-bound exports to other Asian countries to circumvent the tariffs. China's shipments to south-east Asian countries have increased during the trade war. That's helping.

"China's economy has held up well despite the escalating trade war with the US," Capital Economics said. "Growth on the China Activity Proxy – our in-house measure of GDP growth – has been stable since the first round of US tariffs came into force in July 2018. This is partly thanks to domestic strength, especially property construction. But the export sector has also performed reasonably well."

"Admittedly, exports have slowed, and there is no question that US tariffs have had a negative impact on US demand for the targeted goods," Evans-Pritchard said. "But if US tariffs were the main culprit, one would expect China's exports to have weakened more than exports from elsewhere. Instead, China's share of global exports actually edged up during the past year."

Evans-Pritchard did say however that the trade war is harming China's economy, saying he expects the drag on GDP growth to rise to 0.5 percentage points over the next few months "as the impact of the May tariff hike starts to be fully felt." Additional tariffs could raise that drag to 0.8 percentage points by early 2019.
"But with Chinese policymakers likely to let the renminbi weaken further in the coming quarters, and transhipments unlikely to be eliminated entirely, the negative impact of US tariffs will continue to be dampened to some degree," he said.

The below chart, using CEIC data, shows how China is diverting trade since the onset of tariffs:

....so rolling over and letting China export more shit to the US is going to bring down their global share of exporting?

No. Getting off your anus and competing is how its done.

The first step is to correct the over-pricing of the US$. This is widely recognized as the cause of the USA's lack of international competitiveness.

The US$ is over-priced by at least 30%.

European products are more expensive than US products. China is cheap because they pay their workers nearly nothing.

Isn't it Democrats that want to pay workers more money by raising the minimum wage? How exactly does that translate to less expensive products?

Den-Yi-Zen doesn’t like to talk about Chinese slave labor. He wants us to “compete” with that, in other words turn all of us into slaves working for pennies.

You and your ilk, the Trump howling mob, are already slaves of Donald Trump.

 

[Denizen]

Cina's exports have been rising since Donald Trump's inauguration in 2017 while US exports is trending down since 2018. China's exports reached new post-Trump highs in 2017 and 2018 and are increasing in 2019.

Donald Trump has shot Uncle Sam in the head allowing China to increase their global economic influence and economic strength.

China will eventually compete directly with US exporters to steal market share. This is the fear that has been driving the trade war. That the US is declining in international economic influence while China is increasing.

China is blunting the blows of Trump's trade war and just grabbed an even bigger share of global exports | Markets Insider

China is blunting the blows of Trump's trade war and just grabbed an even bigger share of global exports
Yusuf Khan
Aug. 29, 2019, 06:24 AM

China's economy is holding up well during the trade war — and the country has even managed to grab an even bigger share of global exports.

That's according to Capital Economics, which analyzed data that show China exports have inched up despite the trade war to reach almost 12% of the world's total. Why?

Two main factors are helping China blunt the impact of tariffs, Julian Evans-Pritchard, senior China economist at Capital Economics, said in a note.

One is a weaker yuan. China has let its currency slide lower — the renminbi has depreciated 5% in trade-weighted terms since June last year, the economists said.

"This has encouraged exporters to lower their US dollar export prices by 2%, boosting the competitiveness of all Chinese exports to the US, not just those affected by tariffs, as well as all exports to the rest of the world," says Evans-Pritchard.

Another reason: China is shipping US-bound exports to other Asian countries to circumvent the tariffs. China's shipments to south-east Asian countries have increased during the trade war. That's helping.

"China's economy has held up well despite the escalating trade war with the US," Capital Economics said. "Growth on the China Activity Proxy – our in-house measure of GDP growth – has been stable since the first round of US tariffs came into force in July 2018. This is partly thanks to domestic strength, especially property construction. But the export sector has also performed reasonably well."

"Admittedly, exports have slowed, and there is no question that US tariffs have had a negative impact on US demand for the targeted goods," Evans-Pritchard said. "But if US tariffs were the main culprit, one would expect China's exports to have weakened more than exports from elsewhere. Instead, China's share of global exports actually edged up during the past year."

Evans-Pritchard did say however that the trade war is harming China's economy, saying he expects the drag on GDP growth to rise to 0.5 percentage points over the next few months "as the impact of the May tariff hike starts to be fully felt." Additional tariffs could raise that drag to 0.8 percentage points by early 2019.
"But with Chinese policymakers likely to let the renminbi weaken further in the coming quarters, and transhipments unlikely to be eliminated entirely, the negative impact of US tariffs will continue to be dampened to some degree," he said.

The below chart, using CEIC data, shows how China is diverting trade since the onset of tariffs:

....so rolling over and letting China export more shit to the US is going to bring down their global share of exporting?

No. Getting off your anus and competing is how its done.

The first step is to correct the over-pricing of the US$. This is widely recognized as the cause of the USA's lack of international competitiveness.

The US$ is over-priced by at least 30%.

European products are more expensive than US products. China is cheap because they pay their workers nearly nothing.

Isn't it Democrats that want to pay workers more money by raising the minimum wage? How exactly does that translate to less expensive products?

They also claim that they want environmentally clean manufacturing, yet China is one of the dirtiest manufacturers on the planet.

Dems can be counted on to take China's side in every US/China conflict. China shovels A LOT of cash to Left Wing politicians and Institutions.

Evidence? Or just slander copied from Trump's web site.

 

[surada]

Cina's exports have been rising since Donald Trump's inauguration in 2017 while US exports is trending down since 2018. China's exports reached new post-Trump highs in 2017 and 2018 and are increasing in 2019.

Donald Trump has shot Uncle Sam in the head allowing China to increase their global economic influence and economic strength.

China will eventually compete directly with US exporters to steal market share. This is the fear that has been driving the trade war. That the US is declining in international economic influence while China is increasing.

China is blunting the blows of Trump's trade war and just grabbed an even bigger share of global exports | Markets Insider

Well, China is buying soybeans from Brazil now.