business

China's exports fall for second year as U.S. trade war fears mount

8 Comments
By Elias Glenn and Sue-Lin Wong

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8 Comments
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selling U.S. government bonds from their official reserves

This is a given.

-1 ( +1 / -2 )

china makes tangible stuff for us, we give them pieces of paper. it is a good deal for as long as it will last,,,

2 ( +3 / -1 )

Better whip up some anti-Japan fervour to divert the Chinese people's attention away from the fact that their government don't know what the hell they are doing - about anything

0 ( +4 / -4 )

their government don't know what the hell they are doing - about anything

I think it's you who don't know anything

china makes tangible stuff for us, we give them pieces of paper.

we? who are you?

China’s exports fell 7.7% in 2016 from a year earlier, while imports slid 5.5%, leaving the country with a trade surplus of $509.96 billion

ah, a massive trade surplus, still. Very good performance compared to big ol' USA or Japan.

2 ( +5 / -3 )

It seems like just last week China was threatening the US with "revenge".

Fine with me if America cuts off all business with them.

1 ( +3 / -2 )

to divert the Chinese people's attention away from the fact that their government don't know what the hell they are doing - about anything

I guess lifting the most amount of people out of poverty in the history of humankind is an example of not knowing "what the hell they are doing"? Wigga, please!

1 ( +2 / -1 )

maglev101

Lifting the most amount of people out of poverty isn't PRC, it's Japan right after the war where the whole nation was in state of poverty. Helped out of various nations to start their way as well around the world through ODAs including PRC.

-2 ( +2 / -4 )

Maglev 101: "I guess lifting the most amount of people out of poverty in the history of humankind..."

Oh, jeez. The Communist Party did that, huh? Really?

Well, they took over 68 years ago...10 years later they starved 30 million plus of their own people to death while ordering the rest to build useless "steel" in backyard furnaces. So there's another record for you: the Communsts in China killed more of their citizens than any other country in the history of humankind...and in just 3 years! Feat after feat!

But there's more. For 10 further years the "Maoists" concerned themselves more with smashing up anything old, reading some stupid Dear Leader's Little Red Book of Nonsense and torturing/murdering anyone who "took the capitalist road"...including their Head of State, Liu Shaoqi, than with "lifting people out of poverty." 'Cause what's the rush? Right? They're just "masses" to the unelected elite of the Uniparty that was and still is the Kleptocratic CCP.

Let's get this straight, shall we?? The Chinese PEOPLE lifted themselves out of poverty, IN SPITE OF, not because of, their idiot Communist masters who spent more than a quarter of a century destroying their country before they finally let their people loose to finally act...well...like people!

(By the way, your last sentence is pretty offensive in what it alludes to...)

-1 ( +2 / -3 )

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