Author Topic: China Begins to Question Whether It’s Ready for a Trade War  (Read 888 times)

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Offline RoosGirl

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Xi Jinping vowed to match Donald Trump blow for blow in any trade war. Now as one gets closer, some in Beijing are starting to openly wonder whether China is ready for the fight -- an unusually direct challenge to the leadership of the world’s second-largest economy.

In recent weeks, prominent academics have begun to question if China’s slowing, trade-dependent economy can withstand a sustained attack from Trump, which has already started to weigh on stock prices. The sentiments are being expressed in carefully worded essays circulated on China’s heavily censored internet and -- according to interviews in recent days with ministry officials and foreign diplomats who asked not to be identified -- repeated in the halls of government offices, too.

Continued - https://www.bloomberg.com/news/articles/2018-06-25/as-trade-war-looms-china-wonders-whether-it-s-up-for-the-fight

Offline RoosGirl

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Re: China Begins to Question Whether It’s Ready for a Trade War
« Reply #1 on: July 01, 2018, 03:56:11 pm »
Unnamed Chinese officials... must be fake news.

Offline WingNot

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Re: China Begins to Question Whether It’s Ready for a Trade War
« Reply #2 on: July 01, 2018, 05:03:18 pm »
Unnamed Chinese officials... must be fake news.

It's bloomberg.  Bastards get stiffies if an ill wind blows
"I'm a man, but I changed, because I had to. Oh well."

Offline RoosGirl

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Re: China Begins to Question Whether It’s Ready for a Trade War
« Reply #3 on: July 01, 2018, 05:04:27 pm »
It's bloomberg.  Bastards get stiffies if an ill wind blows

Except, if the article is correct, wouldn't this really be good news for the US?

Offline WingNot

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Re: China Begins to Question Whether It’s Ready for a Trade War
« Reply #4 on: July 01, 2018, 05:05:23 pm »
Except, if the article is correct, wouldn't this really be good news for the US?

You wouldn't want that.   Bad for business.
"I'm a man, but I changed, because I had to. Oh well."