Friday, November 1, 2019

Trumps Trade War with China is Killing Chinese Economy

The Chinese government is using any means possible to remain blinded by the fact that Trumps trade war is causing havoc to the Chinese economy. While 6% growth isn’t shabby, it’s different with a Chinese  economy that overspent into prosperity and laden in debt. Consumer spending is what drives an economy. As seen in China, the Chinese people are spooked into spending because high unemployment, banks have tighten in their lending, and businesses aren’t growing. With the turmoil in Hong Kong, Beijing is in crisis mode. However, they blame Trump for their woes. Well, he can’t all the credit. Lol

China Economy Struggles are Real. Trump Can Take Part Credit


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