Chinese Scholars Urge Beijing to Sign the Damn Trade Bill

I received several email regarding to my recent post. The three emails had a similar theme stating that USA was getting the short end of the stick.  However, I beg to differ. At the end of this blog will be a linking two articles. One is from CNN. The other is from a Hong Kong English newspaper citing that Beijing needs to sign the trade agreement and end the feud with the USA.

I understand that Hong Kong is on a tight rope with Beijing. In recent months, Hong Kong is under attack of their civil liberties and freedom by communist China. So, as I read the news article, they tried to show that both sides are suffering from the trade war, but I can read between the lines that China is suffering the most.

Let’s use some logic to validate my premise. There are buyers and there are sellers. One cannot live without the other. The more that the seller sells a profit is gained . On the other hand, a buyer will buy what he or she needs. Also, the buyer can only buy what he or she can afford. In a global economy, it is the buyer, not the seller, that controls the purse. To create a profit, you need to a buyer. With stiff competition with many countries wanting to sell their goods and services, it puts China on the same level playing field.  Like buying a house, there could be many houses in the open market, but it takes one buyer to buy that one house. Therefore, who do you think will suffer the most? If China wants to grow their economy, they need capital to do it. America has a choice which county we could do business. It doesn’t necessarily have to be China. There are other countries that could produce stuff that we need and  there are many counties who desire to buy stuff from the USA.

Isn’t competition great? LOL

The problem with China is that they are growing their economy too fast. They are outpacing in their supply side over the demand. They thought the USA will be the sole purchaser of Chinese products. That was pure folly when Trump came into office. As a businessman, Trump understands supply and demand. This was something China wasn’t expecting.

China scholars urge Beijing to sign trade war truce with Donald Trump, but get ready for a prolonged conflict

China is still hurting from the trade war and the pressure is mounting


UPDATE: One more article that the media won’t talk about.  Just stating the fact that Trumps trade war with China is working. This article is from MarketWatch.

Things aren’t looking great for China’s economy and it may only be getting worse