Author: ceciliazhang

How will China respond to new Trump tariffs? [Copy link] 中文

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Post time 2019-8-23 12:10:57 |Display all floors
tatata69 Post time: 2019-8-10 13:35
China wouldn't want to keep devaluing its currency because doing that would lead to capital flig ...

You are right China won't keep devaluing RMB, as a moderate dip in RMB value would be sufficient for tiding over foreign trade that is presently impacted by the Trump tariffs.

Your are warming over the Ditching Made in China campaign, aren't you? Some American and Japaneses dudes have experimented with it several years ago, but failed spectacularly. If you wanna try it again, just go ahead, the Chinese won't be bothered...

Believe it or not, it's true.

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Post time 2019-8-23 12:37:56 |Display all floors
China should leave it to the Americans to deal with Trump, they will vote him out 2020!  China should just sit tight and don't blink, Americans are tired of his lies and are only waiting for 2020!

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Post time 2019-8-24 00:43:49 |Display all floors
China hits back at U.S. with tariffs on $75-billion of goods including soybeans, cars, oil
An extra 5 per cent tariff will be put on American soybeans and crude oil starting next month, and a 25 per cent duty on U.S. cars will resume Dec. 15
Anger is an acid that can do more harm to the vessel in which it is stored than to anything on which it is poured. Mark Twain

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Post time 2019-8-24 14:17:05 |Display all floors
pnp Post time: 2019-8-23 12:37
China should leave it to the Americans to deal with Trump, they will vote him out 2020!  China shoul ...

Donald Trump escalates trade war and raises tariffs to 30 per cent on US$250bn of Chinese imports

   US Stocks sent reeling US president retaliates on same day that Beijing announces duties on US$75 billion of American products

    Diplomacy
Donald Trump calls Xi Jinping an ‘enemy’ after China announces fresh tariffs on US$75 billion of US products

    Beijing will raise tariffs on items originating in the US from 5 per cent to 10 per cent in two batches
    Trump responded by ‘ordering’ US companies to look for alternatives to China and referred to Xi as an ‘enemy’

There were a few worried faces on the 23rd floor of a skyscraper in the business hub of Hong Kong’s Taikoo Place last Wednesday afternoon.

One of the most worried belonged to a supply chain manager for a Canadian technology company which manufactures the bulk of its products in China for export to North America.

A few years ago, in an effort to combat rising labour costs in the southern mainland province of Guangdong, his company shifted some of its production to Laos, only to find that the quality and support was nowhere near the level in South China.

  https://www.scmp.com/economy/chi ... g-kong-little-known

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Post time 2019-8-26 12:10:14 |Display all floors
emanreus Post time: 2019-8-24 14:17
Donald Trump escalates trade war and raises tariffs to 30 per cent on US$250bn of Chinese imports
...

"A few years ago, in an effort to combat rising labour costs in the southern mainland province of Guangdong, his company shifted some of its production to Laos, only to find that the quality and support was nowhere near the level in South China."

That's what is going to happen to American companies if the mad man in the White House goes ahead to invoke the 1977 law to order American companies to leave China!

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Post time 2019-8-26 12:11:41 |Display all floors
Saul Post time: 2019-8-24 00:43
China hits back at U.S. with tariffs on $75-billion of goods including soybeans, cars, oil
An extra  ...

That's the right thing to; China flexes its muscle!

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