Tag: china

How Trade War Happens and Destroys Countries

This is what a real war usually looks like, and this is what a trade war usually looks like. But the pictures don’t say it all as the latter is not necessarily less costly and destructive. The most disastrous trade war in history actually never really happened, a war without smoke. In 1985, due to …

Chinese economy weakening due to trade tension

SLOWING DOWN HERE HERE. SPEAKING OF SLOWING DOWN, NEW DATA OUT FROM CHINA, NOT GOOD FOR THE CHINESE ECONOMY AT ALL. THE CHINESE ECONOMY CERTAINLY WEAKENING. THAT IS WHAT THE FACTORY DATA SHOWED. CURRENCY FOLLOWING 2 1/2%, COMING UP ON END OF THE MONTH. FACTORY EMPLOYMENT GAUGE, LOWEST LEVEL SINCE 2009, IMPORTS FROM CHINA, DOWN …