Why has China grown so fast? One very important reason is that it timed its economic opening to the world exceptionally well.
The three decades following China’s 1978 “reform and opening” coincided with a massive surge in China’s working-age population, which peaked at more than one billion in 2013—more than three times the size of the entire U.S. at the time. Connecting that gargantuan pool of youthful strivers to global supply chains not only enabled Chinese factories to undercut other low-value-added manufacturers world-wide...
If US kept buying, YES, but if US stops BUYING then, it’s going South or at least slow down. China’s top1 Trading partner is their key 🔑 to life, that’s why they became so rich.
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China Could Lose Face, Get Rich From a Trade DealBig concessions could help China in the long run by giving it the push it needs to escape a middle-income trap. Coulda' had a V8. Coulda', shoulda', woulda' are all conjecture and wishful thinking. The author does not know China culture. Saving face ranks several steps above making money. You judge a man by his grandsons, think about that for a moment. shutdown of WSJ might lose face, but could MAGA Yes, but some groups afraid of the risk of they will step down.
Source: WSJ - 🏆 98. / 63 Read more »
'We're getting hammered': Senator on impact of trade warSen. Jon Tester, D-Mont., says that farmers in his state are being 'hammered' by the U.S. trade war with China. So we should just go back to being China's doormat 🤔 i'd get drunk too if i was losing everything White shit
Source: MSNBC - 🏆 469. / 51 Read more »
China cancels U.S. pork import order as U.S.-China trade war drags onThe same week U.S. President Donald Trump announced sweeping increases on tariff... I wonder if any Trump supporters are hog farmers? Whoo Hoo....MORE BACON FOR US!! I’ll buy some. ✔️. Bacon for all
Source: Reuters - 🏆 2. / 97 Read more »
Markets turn volatile US-China trade tensions — Six experts on how to invest right nowMarkets are facing volatility as the U.S. and China attempt to hammer out a trade deal. The U.S. increased tariffs on China and the country retaliated, sending markets lower on Monday. Stocks bounced back on Tuesday. Six experts break down what investors should watch next. Buy bitcoin I need that trade deal to come to fruition
Source: CNBC - 🏆 12. / 72 Read more »
Europe Is Now a Bigger Trade Villain Than ChinaThe region’s battered domestic markets have led it to rely more on exports, making it the single largest source of economic instability for the rest of the world. M_C_Klein 🤔
Source: MarketWatch - 🏆 3. / 97 Read more »
US-China trade uncertainty is 'the enemy of growth', OECD warns as it slashes forecastsTrade tensions between the U.S. and China stalled a global recovery and are continuing to endanger investment and growth, the secretary general of the OECD warned Monday.
Source: CNBC - 🏆 12. / 72 Read more »
Dark clouds hang over Trump’s trade warThe president is heading into a reelection battle with his promise of challenging China unfulfilled. ⚠️ So Chinese could boot Apple out of China in retaliation for Huawei & Trump's ridiculous tariffs. This would crush the US StockMarket. Plunging the Trump Administration into mass chaos. Then, the Chinese could stop buying US debt for a few months. No MAGA after that.. 😎 Donate to MikeGravel get him to the debate stage for as little as 1$ it's a con from don
Source: politico - 🏆 381. / 59 Read more »
China asks Turkey to support its fight against militantsMeeting Turkish Deputy Foreign Minister Sedat Onal in Beijing, top diplomat Wang Yi said China sets great store on its ties with Turkey. China faces criticism for its so-called re-education camps which many see as internment camps for Uyghur Muslims. What an evil regime Liars. The region was called the West Region in Han dynasty which set up a government there in 60B.C, And it was renamed as Xinjiang by Qianlong Emperor,meaning '故土新歸',the place returning to its own country.There is no 'East Turkistan'
Source: trtworld - 🏆 101. / 63 Read more »
China formally arrests two Canadians on state secrets chargesChinese authorities have formally arrested on state secrets charges two Canadian... It's rumored the Canadians were very nice to the Police when they were arrested. Canada can't save Huawei. Time to step up Justin
Source: Reuters - 🏆 2. / 97 Read more »
China’s desert-taming “green Great Wall” is not as great as it soundsChina wants to promote its desert-taming expertise around the world 'They move away from the dawn in a solemn dance away towards the dark lands while the rain cleanses their cheeks of the salt from their bitter tears.' ---- The Seventh Seal
Source: TheEconomist - 🏆 6. / 92 Read more »
Exclusive: Tanker unloads Iranian fuel oil at China port after near five-month trek - dataEXCLUSIVE: Tanker unloads Iranian fuel oil at China port after near five-month trek - data by RoslanJK muyxu RoslanJK muyxu Stop spinning some tales about Iran!! RoslanJK muyxu Some preseason run that mate adam92_t RoslanJK muyxu Soverign countries don't have to obey the U.S. dictator !
Source: Reuters - 🏆 2. / 97 Read more »