Jump to content

Sign in to follow this  
TheWorldNewsOrg

“This is China’s attitude” on the escalating trade war

Topic Summary

Created

Last Reply

Replies

Views

TheWorldNewsOrg -
TheWorldNewsOrg -
1
39

Top Posters


Recommended Posts


Join the conversation

You are posting as a guest. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

Loading...
Sign in to follow this  

  • Similar Content

    • By admin
      President Trump and China President Xi Jinping were one belly-bump shy of a bromance during last month’s trade talks. But now, U.S. and China are back at each other’s throats. 
      U.S. hits first
      The Trump administration voted against recognizing China as a “market economy” in the WTO—a status that would allow China to export goods around the world at cheaper prices than competing countries. 
      What allows China to sell at cheaper prices? For one, government-backed subsidies that enable Chinese companies to trim expenses from their operations.
      But China’s up in arms about the U.S.’ opposition. That’s because after joining the WTO in 2001, it was guaranteed market economy status 15 years later. 
      So naturally, Xi kicked back
      As the world’s steelmakers gathered Thursday to discuss a global oversupply, China crossed its arms and refused to slow down production (or at least, to be the only one slowing down production).
      And that’s an issue, considering the country controls~50% of the world’s supply.
  • Forum Statistics

    60,443
    Total Topics
    110,665
    Total Posts
  • Member Statistics

    16,273
    Total Members
    1,592
    Most Online
    Ruben Jimenez
    Newest Member
    Ruben Jimenez
    Joined




×
×
  • Create New...

Important Information

Terms of Service Confirmation Terms of Use Privacy Policy Guidelines We have placed cookies on your device to help make this website better. You can adjust your cookie settings, otherwise we'll assume you're okay to continue.