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China is having a major problem, the tariffs are now pushing the country into a recession. As time goes on it will get worse and worse for China, in the end they will fold. Trump tariffs are working, more companies are coming to the US. The Fed is trying to push the country into a depression, Trump parallel economy will counter it. The [DS] is have a major problems, they can no longer get intelligence, their funding is being cut off and they are being exposed everyday. Trump is exposing the criminal syndicate to the people and at the same time he is prepping the justices and the prisons for the treasonous people. The [DS] is feeling pain every step of the way because he is telegraphing where they are going to end up. The clock is ticking and Trump and the people are getting ready to strike.
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Economy
https://twitter.com/KobeissiLetter/status/1919176972007006406
US Tariffs May Drive China’s Economy Into a Depression, Experts Say
Li, a garment exporter in southern China, said the United States’ steep tariffs have dealt a devastating blow to his business.
The business owner from Guangzhou Province said his orders from the United States “evaporated” as the levies escalated.
Li is not alone. Most Chinese exporters are in the same boat. On social media platforms in China, they discuss their dilemma. A few said they were immune from the impact of U.S. tariffs owing to their irreplaceable products.
These exporters reported that U.S. orders formed the majority of their business—and were the most lucrative. Without the American market, no other region, including Europe, can fill the void.
Beijing will have trouble backing down from its standoff with the United States, he said, because Chinese Communist Party leader Xi Jinping “has clearly created his whole persona around being the leader who can stand up to America.”
Given the irreplaceable nature of the U.S. consumer market in China’s export-driven economy, Martin said, Beijing will “have to make a deal at some point, or this recession does turn into a depression.”
The Chinese regime can probably keep exporters afloat for about six months to a year if it doesn’t resolve the trade war with the United States, Lee projected.
Since then, total additional U.S. tariffs have risen to 145 percent.
Li’s 100-employee small business used to earn a monthly revenue of more than 1 million yuan
Another way to avoid tariffs is transshipment—sending products to a third country before they’re shipped to the United States. However, that has also become more difficult. For those who want to establish a facility in Vietnam, the production capacity there is small compared to China’s capacity, the manufacturers said. In addition, the United States has applied a universal 10 percent tariff that is in place for the usual transshipment hubs, including Vietnam and Cambodia.
Social unrest due to the lack of jobs will be another sign of China entering a depression, according to Yeh.
Source: thepochtimes.com
https://twitter.com/RapidResponse47/status/1919046509900751019?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1919046509900751019%7Ctwgr%5Eb289eee4276c652113728469509f6df3011fe193%7Ctwcon%5Es1_c10&ref_url=https%3A%2F%2Fcms.redstate.com%2Fposts%2F2188678
Donald J. Trump@realDonaldTrump
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