This year, through August, China’s trade surplus widened to $785.8 billion from $612.6 billion a year ago. Its surplus with countries across Southeast Asia, Africa, Latin America and Europe has climbed rapidly. China’s electric vehicle brands are storming new markets in Europe and Southeast Asia, while sales of heavily discounted Chinese solar panels are booming in Africa.

https://archive.ph/4K8GN#selection-799.0-811.133

 

I bet the Chinese are just waiting until the something hits the fan as the US economy's keeps on weakening. At which point, they'll be approached by the US  begging for a deal.

China to Trump. We've got the cards, you dufus.

 

 

 

1 hour ago, Jingthing said:

China to Trump. We've got the cards, you dufus.

 

 

 

Well, unlike Trump and his MAGA lemmings, the Chinese acknowledge that tariffs will hurt their economy. They just point out that they hurt the US economy also. It just shows to what depths Trump has sunk that the Chinese govt is more honest than he is.

 

China’s Economy Is in Deep Trouble

 

China is currently having its 2008 downturn.

 

In 2008, China's President Hu Jintao and Premier Wen Jiabao decided they would not allow the economy to suffer, so they embarked on perhaps the biggest stimulus program in history.

 

The result was historic overbuilding, and the country now has too much of almost everything. For instance, He Keng, a former senior statistics official, in 2023 publicly revealed that China had enough vacant apartments to house the entire population of 1.4 billion people. He noted that some believed that empty homes could hold three billion.

 

"China's economy is in a slow grind downwards," Andrew Collier of Hong Kong-based Orient Capital Research and Harvard's Kennedy School told me in the middle of last year.

 

https://www.newsweek.com/chinas-economy-deep-trouble-opinion-2037177

 

3 hours ago, Cameroni said:

 

China’s Economy Is in Deep Trouble

 

China is currently having its 2008 downturn.

 

In 2008, China's President Hu Jintao and Premier Wen Jiabao decided they would not allow the economy to suffer, so they embarked on perhaps the biggest stimulus program in history.

 

The result was historic overbuilding, and the country now has too much of almost everything. For instance, He Keng, a former senior statistics official, in 2023 publicly revealed that China had enough vacant apartments to house the entire population of 1.4 billion people. He noted that some believed that empty homes could hold three billion.

 

"China's economy is in a slow grind downwards," Andrew Collier of Hong Kong-based Orient Capital Research and Harvard's Kennedy School told me in the middle of last year.

 

https://www.newsweek.com/chinas-economy-deep-trouble-opinion-2037177

 

No doubt China has very serious problems. But it's hardly on the ropes. And it doesn't have elections to worry about.