Friday, August 24, 2018

Trade...

 Image result for XI and trump
 Xi has sold himself as the champion of China’s global interests, to stand up to the West, and restore the country to its former glory. At home, Xi has promised the “Chinese Dream,” a prosperous future with boundless new opportunities.
He must avoid any setbacks inflicted by the west, keep China’s economy growing,  generate jobs and raising incomes. His aim at upgrading manufacturing and technology, to reach “Made in China 2025” will be delayed and so is military expansion.  
U.S. tariffs will slow China’s economy at a time when it is already slowing and heavily indebted. It also may delay the desire to enhance their military ambition.

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