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© (c) Copyright Thomson Reuters 2019.Japanese firms see prolonged Sino-U.S. trade war: poll
By Tetsushi Kajimoto TOKYO©2024 GPlusMedia Inc.
5 Comments
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wtfjapan
trade wars are easy to win!
KnowBetter
China is a house of cards that has been slowly collapsing for the last 12 to 14 years. They are headed to the same place as the USA arrived at in 2008 with their financial meltdown. China plays a shell game and their plans to make people buy more with money they don't have in a market that can't sustain its self is quite apparent when you look around China and find city after city that are devoid of inhabitants. There are over 107 million empty apartments, new apartments in China and that number keeps growing. Complete ghost towns in some places in a country that has 1.4 billion people.
It's only a matter of time before the world feels the fallout of that giant house of cards complete collapse. Trump is just pulling at the cards and might just make it worse but it is going to happen regardless.
JeffLee
China's advantage is that its banks are state-owned and controlled and closely supervised. US's are private and at the time the financial and real estate industries were very lightly regulated and run by cowboys. Big difference.
1glenn
The Sino-American trade war is an unnecessary and unproductive lose-lose situation, one that will end in 22 months, when sanity returns to the White House.
YuriOtani
Trump is driving the world into a deep depression. Trump supporters, will you still support Trump when homeless and in the soup line?