Lengthy article ahead. This article will touch on the scorecards of US vs China in the trade war, milestones and updates on the China growth story, answer why the China stock market is comparatively cheaper and how I have positioned my investments.
US VS China: Trade War Updates
Trump is unhappy about the situation where US suffers from high trade deficit with China [1]. For US to buy fewer China goods, a solution is to impose tariffs. This could be because, on a trade war based on tit-for-tat tariffs alone, China might always be at the losing end. However, China could have other bargaining chips. Trump may not have considered that many US products are being manufactured in China, only then to sell to the mainland Chinese. Recently, the state-backed People’s Daily hinted that Apple has reaped benefits of cheap labour and a strong supply chain in China. This has
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