Moneymoney

Wed Dec 26, 2018, 12:55 PM

US trade war raises the specter of new Cold War

“No one is in a position to dictate to the Chinese people what should or should not be done,” Xi said earlier this month when he set the tone by defying Trump without naming him.

“The leadership of the Communist Party of China is the most essential feature of socialism with Chinese characteristics,” he said in a clear message to pro-market supporters, calling for a new round of reforms, or liberals hoping for breathing space.

Taking advantage of US requests for further market access, some economists and senior officials are pushing for a new round of domestic reforms, with the aim of reducing the key role of state-owned enterprises. This would breath new life into the private sector.

Pinning their hopes on Xi’s close economic confidant, Vice-Premier Liu He, they are pushing for a grand bargain with Washington that would both de-escalate trade tensions and foster a new round of economic modernization at home.

http://www.atimes.com/article/us-trade-war-raises-the-specter-of-new-cold-war/

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Reply US trade war raises the specter of new Cold War (Original post)
uncledad Dec 2018 OP
quad489 Dec 2018 #1

Response to uncledad (Original post)

Wed Dec 26, 2018, 01:19 PM

1. LOL..spoken just like the narcissistic a-hole who said None Of Us Make It On Our Own w/o govt help

"“The leadership of the Communist Party of China is the most essential feature of socialism with Chinese characteristics,” he said"

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