China Markets trade

China Reports Ostensibly Decent Trade Data For January – Now Commence The Derision

This should serve its purpose while the trade talks continue.

This should serve its purpose while the trade talks continue.
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4 comments on “China Reports Ostensibly Decent Trade Data For January – Now Commence The Derision

  1. Good analysis.

  2. Harvey Cotton

    I mean, isn’t it possible that the data can be derided because it comes from a Party-State that derives a large part of its legitimacy from upholding Chinese nationalism and promising economic growth at the cost of political freedom and democratic elections – and therefore cannot be seen as being weak or vulnerable to U.S. economic and geopolitical pressure?

    The Chinese government can say anything it pleases, right? I mean, what is the verification process? Wattage seen from space? National and regional political careers are made by hitting pre-assigned growth targets, and there is never any revision of data or transparency.

    Being off this much makes the estimates look like they were made using a dartboard and a blindfold.

  3. They run their government the way we run our wars.

  4. China is not paying the tariffs anymore than Mexico is paying for the wall. Given that a lot of their goods are cheap, disposable crap, I’m not entirely sure they are going to feel the hurt in a trade war. Americans are going to keep buying the majority of their goods from China. It’s not like we have much of an alternative. This is also going on at a time when unemployment in the US is low, so there are wages to buy their junk, even if it is slightly higher.

    Trump is going to have to hurt Americans a lot more before the Chinese feel the pinch.

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