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China: Time to Buckle Up
It’s pretty safe to say that pressure on China’s economic policymakers has ramped up following the U.S. presidential election. Their main concern now revolves around whether President-elect Donald Trump follows through on his campaign pledge to increase U.S. tariffs to 60%-to-100% on all imported goods from China. If such tariffs were to be quickly rolled out, it would place further downward pressure on an economy that has been struggling with a prolonged downturn in the housing market. Admittedly, gauging the impact from a tariff hike is not so easy. Beyond the negative effects on China’s exports, much will ... (full story)
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- Posted: Nov 8, 2024 3:41pm
- Submitted by:Category: Fundamental AnalysisComments: 0 / Views: 4,325
