Chinese Economics Thread

Discussion in 'Members' Club Room' started by Norfolk, Jan 10, 2008.

  1. solarz
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    solarz Brigadier

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    Just read the same article this morning. I like the comparison to the War of 1812: the Trade War is going to end up with the White House burned down, except it will be Trump who sets it on fire.
     
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  2. Biscuits
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    Biscuits Junior Member
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    Can anyone explain what incentive China has to take any deal with USA?

    China growth slowed to 6% from 6.4%, but is still higher in absolute terms than last year. Moreover, the “slowdown” (if you can call growing in larger amounts every year that) is not higher than what it would have been w/o the trade war.

    Meanwhile US crashed from 3.4% growth to just 0.4% and has also had to use unsustainable currency manipulation to achieve that level.
     
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  3. Jura
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    Jura General

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    wondering how many more "extensions" there will be:
    People's Daily, China
    @PDChina

    ·
    2h
    U.S. issued the 3rd 90-day extension on Monday allowing Chinese telecom giant #Huawei to continue doing business with U.S. companies after the firm was added to blacklist in May (Reuters)
    [​IMG]
     
  4. AssassinsMace
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    https://news.yahoo.com/end-american-international-order-comes-130515172.html

    Both Ian Bremmer and Linette Lopez have been retconning their own past opinions to make themselves sound like wise sages. Ian Bremmer before Trump was advocating the very policies Trump has been forcing onto China for the same goals and now he rewrites history like it was a bad Trump idea. Every negative article about China in the Business Insider was from Linette Lopez. There was an article about all of Trump's lies about trade with China and it pointed to the most frequent lie which is how China pays the tariff. All Americans and the media before Trump believed that very lie which was the first thing Americans wanted to do against China. I posted a comment where I mentioned how Sen. Chuck Schumer before Trump wanted to slap a 45% tariff on everything from China. I got a lot of dislikes on that one. Somehow Americans weren't going to pay for that unlike with Trump's tariffs now..? Look at all the manipulative bull they tell themselves.
     
  5. styx
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    styx Junior Member
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  6. AssassinsMace
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    Last year Trump made a comment that suggested the US made a fortune on tariffs on Single's Day. The guy actually believes he can tariff products made and sold all within China.
     
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  7. solarz
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    Trump lies with every breath.
     
  8. Biscuits
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    Biscuits Junior Member
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    US govt might very well have made a fortune on tariffs, but that money would be 100% from the pockets of the US people who participated in the sales...
     
  9. AssassinsMace
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    I wouldn't call it a fortune. Given Americans' prejudices, the ones most likely shopping on Single's Day would be Asians living in the US and they're only around ten to twelve million in the US population. And then how many of them are shopping on Single's Day? Trump is not thinking that. He either believes the US controls world trade and has that power or he thinks Americans are Single's Day primary customers because that's what Americans in general think that it's the US that only buys things in the world not anyone else.
     
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  10. Jura
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    Jura General

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    Oct 26, 2019
    and here's an update:
    China remains silent as Trump repeats threat to hike tariffs if trade war deal not reached soon
    • Chinese officials and state media have been silent on threats from US president to raise tariffs on Chinese goods if ‘phase one’ trade deal not settled soon
    • Senior White House officials still optimistic a deal can be reached to end 17-month tariff war

    follow the link https://www.scmp.com/economy/global...s-silent-trump-repeats-threat-hike-tariffs-if if interested
     
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