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China's economy suggests that the country is starting to feel a pinch from U.S. tariffs

And this is just the beginning. China has been fucking us to the tune of 500 billion a year and Trump is going to stop it.

https://i.imgur.com/w12Jr3F.jpg

Quote:

In a statement carried by China's state media after a meeting of the Politburo, a top decision-making body of the ruling Communist Party, Beijing said it will take targeted measures to solve issues in the economy.

The Chinese economy is facing "some new problems and new challenges," said the statement carried by state-run Xinhua news agency.

"There are obvious changes in the external environment," the statement added. It did not specifically mention China's ongoing trade war with the U.S.

"We must do a good job in stabilizing employment, finance, foreign trade and investment, and expectations," the statement added.

Analysts said the Politburo's communication suggests that Beijing will be fine-tuning its economic policies. Some form of easing is expected.

"China's top policy makers are clearly concerned about two issues: the sharp slowdown of credit growth and the uncertainty due to the trade war. As such, they called for more proactive fiscal policy and infrastructure spending," Macquarie economists Larry Hu and Irene Wu wrote in a note.

https://www.cnbc.com/2018/08/01/chin...ders-fall.html

"Spoons make us fat" now that we have banned spoons nobody will be fat...what a joke...

Quote:

Originally Posted by crucifissio (Post 22314646)

"Spoons make us fat" now that we have banned spoons nobody will be fat...what a joke...

Great analogy there fake bitcoin baron.

oh a "pinch" I'm sure that will make all those American workers who are "already" getting laid off happy..

Quote:

Originally Posted by crockett (Post 22314685)

oh a "pinch" I'm sure that will make all those American workers who are "already" getting laid off happy..

So true :(

Quote:

Originally Posted by crockett (Post 22314685)

oh a "pinch" I'm sure that will make all those American workers who are "already" getting laid off happy..

Do you have a problem with our president fighting the country that steals 500 billion worth of IP from us every year? You just want to sit back and let China fuck us? This will be an easy war to win. China is already shitting their pants.

Quote:

Originally Posted by Bladewire (Post 22314694)

So true :(

It's temporary.

Quote:

Originally Posted by OneHungLo (Post 22314743)

I thought that 500 billion was the trade deficit ????

Did that change now ...

BTW, a trade deficit or surplus is no indication of good/bad deal ....

Manufacturing countries are low wage countries ( China, Bangladesh, India, Mexico, etc... ) .
Soon , China will no longer be a low wage country due to their growing economy ... just like Japan is no longer the maker of cheap stuff , as it was in the 50's, 60's .

Anyway, no point to explain that to a bunch of cult fanatics ....