SCMP: Trade war raises the spectre of a ‘China collapse’, and Beijing should worry

[F-22Raptor]

I didn't know that a High Ranking Chinese Official JUMPED onto a plane on the way to the US.
But wait.

https://asia.nikkei.com/Economy/Trade-War/China-and-US-to-restart-trade-talks-as-tariffs-add-up
BEIJING -- China will send Vice Commerce Minister Wang Shouwen to the U.S. later this month to resume trade talks that have been stalled since early-June.
You have comprehension difficulties ?

What happened to the EASY TO WIN TRADE WAR ?
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There is a proverb "don't count your chickens before they hatch".
Never go to School ?
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China’s resolve is cracking.

That’s how Peter Tchir, head of macro strategy at Academy Securities Inc., interprets the revelation that a Chinese delegation will travel to the U.S. later this month to try to defuse the trade dispute between the world’s two largest economies. The news pushed U.S. futures higher overnight, leaving them on track to erase some of Wednesday’s losses.

“Earlier this week, markets rose on weak economic data out of China, largely because many thought it would bring China to the table sooner than later, and here they are,” he writes. “More and more, it looks like the economic slowdown in China is driving them to a deal sooner, more easily, than seemed possible just a few months ago.”

Lackluster July economic data saw slower-than-expected Chinese retail sales and credit creation, with the year-to-date growth in fixed asset investment hitting a two-decade low. The clash over commerce has taken a meaningful toll on domestic financial assets. The Hang Seng Index has tumbled to its lowest level in over a year in the wake of Tencent’s earnings disappointment. The Shanghai Composite has slumped to multi-year lows.

https://www.bloomberg.com/news/arti...n-signs-china-s-tired-of-losing-the-trade-war

China is losing this trade war.....

 

[Jlaw]

So what, eastern media has doom sayers as well, there are tons of articles in the west media tell the truth about your econmoy crash every day, and the time since the last time you get a crash is only 10 years long, at least China has enjoy 40 years without crash.

Judging by the track record, it is far more creditable to predict your next crash.

2018-19 US stock market crash. They had a mini one in Nov 2017.

 

[sinait]

China’s resolve is cracking.

That’s how Peter Tchir, head of macro strategy at Academy Securities Inc., interprets the revelation that a Chinese delegation will travel to the U.S. later this month to try to defuse the trade dispute between the world’s two largest economies. The news pushed U.S. futures higher overnight, leaving them on track to erase some of Wednesday’s losses.

“Earlier this week, markets rose on weak economic data out of China, largely because many thought it would bring China to the table sooner than later, and here they are,” he writes. “More and more, it looks like the economic slowdown in China is driving them to a deal sooner, more easily, than seemed possible just a few months ago.”

Lackluster July economic data saw slower-than-expected Chinese retail sales and credit creation, with the year-to-date growth in fixed asset investment hitting a two-decade low. The clash over commerce has taken a meaningful toll on domestic financial assets. The Hang Seng Index has tumbled to its lowest level in over a year in the wake of Tencent’s earnings disappointment. The Shanghai Composite has slumped to multi-year lows.

https://www.bloomberg.com/news/arti...n-signs-china-s-tired-of-losing-the-trade-war

China is losing this trade war.....

No wonder the US is DECLINING.
They measure their success after days or weeks.
The US stocks went up and down innumeral times, so the US has won many times.

Sorry to wake you from your dreams, but US is no match with those who plans long term.
No doubt both will lose, only Trumpians WIN no matter what.
You are like how the deluded INDIANS WIN after cowardly running away from Donglang/Doklam.
The US stocks went up because the Chinese were willing to sent their low level official after much US BEGGING.
Stocks are not going up in China because they are not deluded like their US counterparts that trade war will stop.
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