Trump’s Trade War Has Revealed China’s Surprising Vulnerability

urvile

Golden Member
Aug 3, 2017
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This an interesting article from a purely US perspective.

"China’s weakening currency—down significantly since trade tensions escalated in April—could signal the beginning of more capital fleeing China.That capital will almost certainly find its way to the U.S., where tax cuts, rising interest rates, stronger economic growth, and regulatory relief have created an attractive safe haven for investors"

"The good news is, much of what America wants from China on trade is also what China needs to get stronger: more secure property rights, less state involvement, and more openness to outside investment."

"Ultimately, a prolonged trade war marked by rising tariffs will help neither the U.S. nor China. Chinese tariffs are hitting key constituencies in the U.S., from farmers who need to reach foreign markets, to manufacturers who need foreign supplies and raw materials."

https://www.newsweek.com/trumps-tra...inas-surprising-vulnerability-opinion-1085132