Snap-on CEO says China is 'more concerned than I heard them in a long time'

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'In China, it's a time of uncertainty there because they don't know how to react to this thing,' says Snap-on's Nicholas Pinchuk.

Chairman and CEO Nicholas Pinchuk told CNBC on Monday that the Chinese are more worried about trade now than he's ever seen them.

"China called last night our top trade people and said 'let's get back to the table' so we will be getting back to the table and I think they want to do something," Trump said at the G-7 summit in France. "They have been hurt very badly but they understand this is the right thing to do and I have great respect for it. This is a very positive development for the world.

 

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What Nicholas Pinchuk is saying I feel is partially correct meaning that that the Chinese do not know what to expect as do all of us watching a mentally unstable man play President of the USA. I feel though that he is wrong too because the Chinese can holdout and make

Yeah, no one here knows how to react either. Stable Genius breaks all the molds. A petulant child in the most important job on earth.

From a man who speaks fluent Mandarin.....

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