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RedMetalSeadramon

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Taar

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Xi Jinping's great economic rewiring is cushioning the nation's slowdown. UBS says US tariffs at 60% would halve China's growth rate. And the copper market's biggest whale fuels speculation of a major shift. The economic redirect toward EVs, solar and semiconductors is helping China navigate its property slump

Is their math correct? 60% U.S tariff will halve China GDP growth?
Imports and exports currently is about 18.5% of China's GDP. And the US imports and exports is about 11.23%(2023 Jan-Nov) of China's total I and E.
 

FriedButter

Major
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Canadian PR and citizenship is absolutely trivial for rich foreigners to obtain.

Foreign buyers went from 6.6% -> 1% since 2016 before they were banned.

Don’t forget that the Trudeau Government has made it a federal policy to KEEP home prices high. This was 5 months ago.

“Housing needs to retain its value,” Mr. Trudeau told The Globe and Mail’s City Space podcast. “It’s a huge part of people’s potential for retirement and future nest egg.”

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