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#China

632 posts428 participants116 posts today

He won’t do it. Just more #market manipulation.

#Trump awaits #China response before 104% #tariffs hit

Trump said on Tuesday he is waiting to hear from China before duties of more than 100% take effect, in a sign that he might be open to last-minute negotiations with the world's No. 2 #economic #power.

#economy #geopolitics #RevengePolitics #inflation #recession #Trumpcession
reuters.com/world/china-critic

Replied to Yogthos

@yogthos

"Sanctions-proof economy"

#China tap danced their way into using a fantasy real-estate domestic market as collateral to finance its own growth. Then the real-estate bust showed the empty, shell-only buildings, ghost towns that will never be inhabited. ~$4.7Tn

Then they sunk another $7Tn into the Belt and Road initiative, half of it is irrecoverable, due to unstable regimes reneging on deals.

Sounds solid AF.

#China saw the trade war coming and spent decades building a sanctions-proof economy while Washington snorted its own hubris. While #US elites gutted domestic manufacturing, Beijing stockpiled reserves, turbocharged indigenous tech, and locked down Global South markets. Now, as Trump flails with tariffs, China's $18T domestic market and state-controlled financial system laugh at decoupling. The U.S. thinks tariffs are economic warfare, China treats them as a stress test.

reuters.com/world/china-says-i

Myroslava Tanska-Vikulova, Anastasiia Kryvoruchenko, And Tim Mak: NEWSFLASH: Chinese soldiers fighting for #Russia captured by #Ukraine: The sudden development throws a wrench into Chinese efforts to play a role in the Russia-Ukraine peace process, and highlights China’s support for Russia in the war.

#RussiaUkraineWar #China
counteroffensive.news/p/newsfl

The Counteroffensive with Tim Mak · NEWSFLASH: Chinese soldiers fighting for Russia captured by UkraineBy Myroslava Tanska-Vikulova

Good afternoon. It's 4PM, Tuesday, 8th April. The headlines: The #UK marks the arrival of its inaugural infant born following a womb transplant. As #Trump warns of a further 50% tariff on #China, reciprocal tariff threats ensue, with the US Senate's finance committee examining the issue. King Charles and the Queen Consort honour the Tomb of the Unknown Soldier in Rome. #BBC #News

«In #China, rural hukou come with land rights - and, implicitly, the insurance policy of living off the farm if city jobs are unavailable.»

«Hukou date back to the famines of last century, when Mao Zedong tied food rations to people's birthplaces to prevent starving peasants from flocking to better-fed cities.»

«In 2017, after a fire broke out in migrant workers' living quarters, Beijing authorities launched a campaign to expel people without capital-city hukou»

reuters.com/world/china/chinas

Reuters · China's push to loosen Mao-era residence rules runs into hurdlesBy Yew Lun Tian