It's even more incredible when you consider the eye watering amounts of money Soros has lost betting against China; he joins a long list of would be Gordon Gekko Wannabes who ended up losing their shirts to China.
Interesting, do you have the source(s) for:Its all part of The Great Harvest...
Its now an ever shrinking negative sum pie...
In the new world degrowth order, canalbalization of weaker vassals by the top hegemon is the name of the game
Recall back in 2018, when China didnt cave to Plaza Accord 2.0 the Pompeo said there would be a plague amongst your houses etc
People thought it was strange Xi didnt come to US to sign Trade Deal Phase I...
All things in retrospect
@escobar also posted a tweet about this (in the World thread I think)Bloomberg article about the US possibly starting a trade probe against china´s economic subsidies.
what do you think of it? will the US restart its trade war against china?
TBH, i doubt that will happen. The EU is more exposed to the chinese market than the US, and doesnt have an economy as robust as the US.The only way this works is if they manage to also get the EU onboard. The EU could jump in and also indirectly demand better conditions for its businesses.
It is not necessary for them to join formally. They could also just go behind the scenes to the Chinese and say look at that US trade war, it would be a shame if another one join them...TBH, i doubt that will happen. The EU is more exposed to the chinese market than the US, and doesnt have an economy as robust as the US.