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China: Long Term BULL?
By EngineerInvest.com  •  May 23, 2020
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 be at the losing end. However, China could have other bargaining chips. Recently, the state-backed People’s Daily hinted that Apple has reaped benefits in China, of cheap labour and a strong supply chain. This has helped Apple to lift profits and achieve a US$1 trillion valuation [2]. These figures dwarf the US$375 billion trade deficit. China have cautioned...
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By EngineerInvest.com
2020 happened to belong to my zodiac, the Year of the Rat. Yes, I’m 35+? . Leaving my stable 6-figure per annum job as an engineer (it's really not too bad being an engineer) right after I bought my new car and amid the COVID-19 outbreak left many of my friends in disbelief. I got bombarded with many questions especially during the Lunar New Year gathering. Questions like “Don’t bluff, you received a better offer right?" Actually yes, I offered myself a job of spending more time with my family, to do what I love and to improve my wellbeing.
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