China is in deep shit. Its economy is sputtering. Desperate times call for desperate measures. Xi chose to dump its excess capacities onto other nations, in a desperate effort to shore up its shaky economy.
This time, China angers not only the EU and the US, but also other major economies in the world. Expect all of them to take actions to push back.
In the end, China has no choice but to let these insolvent companies go bankrupt.
让中国贸易自由?中国给世界产品加了多少税啊?有本事把美国金融基金开放给中国市场. 几大指数基金40年年均回报率13%进入中国市场,中国人民的钞票都吸到美国华尔街!
美国政府也是蠢,重来不提金融产品才是平衡贸易逆差的关键!
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人民币发行量(M2)299.56万亿,是其GDP两倍半还多。这世界上有一半的票子是人民币。如果像美元那样,全世界都遭殃!