China announces it seeks 'calm' end to trade war, as markets tank and currency hits 11-year flatline

https://www.cnbc.com/2019/08/27/xinhua-china-insists-it-is-unaware-of-calls-to-trump.html

China insists it is unaware of calls to Trump and says tariffs are ‘extreme pressure’ and ‘not constructive at all’

“I have not heard of this situation regarding the two calls that the U.S. mentioned in the weekend,” Chinese Foreign Ministry spokesman Geng Shuang said at press conference on Tuesday. He had denied on Monday that the calls had taken place.

That is a much more reputable source. Thank you for posting.
 
That is a much more reputable source. Thank you for posting.

You'd have better odds dismissing anything Trump says tooting his own horn. I called it a lie without any evidence on page one. It's almost a statistical certainty at this point.
 
You'd have better odds dismissing anything Trump says tooting his own horn. I called it a lie without any evidence on page one. It's almost a statistical certainty at this point.

I could say the same thing for any article coming out of CNN.

I posted the article, saying right out in the open that I had no idea if it was true or not.
 
I could say the same thing for any article coming out of CNN.

I posted the article, saying right out in the open that I had no idea if it was true or not.

you really want to put fox's against CNN's track record? C'mon now
 
they're beginning to experience social unrest (which is always what has frightened them the most).

Commie elites don't want the hoi polloi to wake up one day and have the epiphany..."Hey, this Chinese Commie crap sucks"!
 
Their economy is sick, way, WAY over-leveraged and they're beginning to experience social unrest (which is always what has frightened them the most).

The civil unrest is the Chinese imposing their premature rule on HK, Taiwan and other minorities (Uygur); basically self-inflicted. I don't see mainland China rising in arms over the economy anytime in the next 5 yrs.

I said it before and I'll say it again: "privileged" Americans underestimate the nationalism of 3rd world countries. They'll burn their house down before giving an inch to interventionist policies.
 
The civil unrest is the Chinese imposing their premature rule on HK, Taiwan and other minorities (Uygur); basically self-inflicted. I don't see mainland China rising in arms over the economy anytime in the next 5 yrs.

I said it before and I'll say it again: "privileged" Americans underestimate the nationalism of 3rd world countries. They'll burn their house down before giving an inch to interventionist policies.

I've lived in a third world country for many years. How about you? I don't underestimate anything.
 
Of course China "seeks a calm end to the trade dispute". That happens if it all goes away and they're left holding all of the chips. Personally, I think that's how it ends... minus a couple of fringe scraps for Trump so that he can save face in "getting a deal"... but he won't get one of financial consequence.
 
Back
Top