Trump's top economic advisor says the Chinese economy is 'crumbling' even though it continues to gro

[edpc]

President Donald Trump's top economic advisor Larry Kudlow claimed the Chinese economy is not as strong as it may seem on the surface and is "crumbling" under the weight of the ongoing US-China trade war, even as it grew 6.2 percent in the last quarter.

During a Tuesday morning interview on CNBC's "Squawk on the Street," Kudlow said the Chinese economy is not prepared to bear the brunt of the US-China trade war and its on the verge of collapse.

"The Chinese economy is crumbling. It's just not the powerhouse it was 20 years ago," Kudlow said.

https://www.businessinsider.com/trump-economic-advisor-says-chinese-economy-crumbling-2019-8

[edpc]

If he's right, that's not necessarily the best news. The last time we pushed an Asian nation into an economic corner, we got drawn into WWII.