7 reasons Trump is wrong about China’s economy and why it will make it through the trade war just fine
|01/25/2019||Posted by BusinessMediaguide.Com under General World News||
- Even with the wildly low expectations heading into its release, last week’s China’s December trade report was a horror show, Business Insider Australia’s David Scutt wrote.
- Then on Monday, China announced its official GDP came in at 6.6% for 2018, the slowest pace of growth since 1990. This was music to the ears of US President Donald Trump who triumphantly tweeted that it made sense now for a battered China to make trade-war concessions.
- But compared to 30 years ago, this is a brand-new Chinese economy, under shiny new management.
- Winning a trade war with China is not as easy as read more >>>