Moneymoney

Tue Jun 11, 2019, 03:50 PM

China maintains stable trade growth against external headwinds (Xinhua) 07:41, June 11, 2019

wow - I mean just WOW!
when dem Chinese wanna build sumthng they BUILD it!!!!



BEIJING, June 10 (Xinhua) -- China's foreign trade registered steady growth in the first five months this year despite growing external uncertainties.

/snip/

Last week, the World Bank revised down its forecast for global trade growth in 2019 by a full percentage point to 2.6 percent, the weakest since the global financial crisis, citing growing trade tensions, among other factors.

Monday's GAC data also showed China's trade with the European Union surged 11.7 percent year on year in the first five months, while trade with the ASEAN was up 9.4 percent.Last week, the World Bank revised down its forecast for global trade growth in 2019 by a full percentage point to 2.6 percent, the weakest since the global financial crisis, citing growing trade tensions, among other factors.

Monday's GAC data also showed China's trade with the European Union surged 11.7 percent year on year in the first five months, while trade with the ASEAN was up 9.4 percent.

/snip/

MORE at link - http://en.people.cn/n3/2019/0611/c90000-9586440.html
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Something is telling me that this Trade War of Trump's is gonna backfire - big time.

USA's corporate greed has farmed out production for decades to other nations - and lost home-grown skills in the process, along with the infrastructure necessary to start manufacturing their own shit again.

Piss off that other manufacturer by gouging their profits with tariffs, they look elsewhere - ergo the big boost to the development and success of the Belt and Road Initiative.

I learned sumthng when I was in business for myself - once a customer has to get their needs satisfied elsewhere, especially if you pissed them off by leaving them in a lurch - they rarely return.

I gained quite a few customers by taking them in my shop immediately when their regular mechanic couldn't/wouldn't, and besides fixing their problem, would do a quick check to find other items that may need attention, and make them aware of whether it was urgent or not.

Oh yeah, almost all of my "drop-ins" came back -

for good!



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Reply China maintains stable trade growth against external headwinds (Xinhua) 07:41, June 11, 2019 (Original post)
akaConcernedCanuk Tuesday OP
uncledad Tuesday #1

Response to akaConcernedCanuk (Original post)

Tue Jun 11, 2019, 04:59 PM

1. What ever you do, don't talk about...

The trade deal it has with Canada and Mexico.

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Moneymoney