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China is armed and ready for trade war 2.0 with Donald Trump

watchlist :: 2024-11-23 :: source - cnn business


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Hong Kong (CNN)  — In the summer of 2018, when former President Donald Trump launched a trade war with Beijing, the Chinese economy was riding high. There was even talk it could soon overtake the United States as the world’s largest.

Now, with Trump months away from retaking office, what had appeared to be a juggernaut has been greatly diminished. Contending with property, debt and deflation challenges, China doesn’t look ready for another fight.

But appearances can be deceiving..Read more


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