Is US President Donald Trump practising the “art of the deal” on China by scaring it into making major concessions on trade to avoid being decoupled from the global financial system? There are signs this may be so but, even if Trump is bluffing, many in China are taking the threat seriously. A recent report by Reuters quoted officials and economists in China saying that a “broad financial war has already started” between the two countries and that Beijing has to be prepared for Washington's …
from South China Morning Post https://www.scmp.com/comment/opinion/article/3098482/donald-trump-bluffing-about-starting-financial-war-china-chinese
Monday, August 24, 2020
Is Donald Trump bluffing about starting a financial war with China? Chinese officials aren’t so sure
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