http://www.zerohedge.com/news/2017-...l-take-gloves-if-he-continues-provoke-beijing
Big problems in little China. Major outflows of Yuan since 2014. Panicked Chinese are desperate to get their money out of Yuan and into foreign assets. China CB selling US Treasuries and buying Yuan.... not working !! Between Trump, the real specter of tariffs, the South Asian Sea dispute (Tillerson drew another hardline....supports confrontation), Taiwan, China's precarious economy, and it's panicked citizens dumping Yuan, we got the table set for a real barn burner !
My prediction is Trump cuts the Chinese off at the knees, economically. Hard to bargain then !!
Big problems in little China. Major outflows of Yuan since 2014. Panicked Chinese are desperate to get their money out of Yuan and into foreign assets. China CB selling US Treasuries and buying Yuan.... not working !! Between Trump, the real specter of tariffs, the South Asian Sea dispute (Tillerson drew another hardline....supports confrontation), Taiwan, China's precarious economy, and it's panicked citizens dumping Yuan, we got the table set for a real barn burner !
My prediction is Trump cuts the Chinese off at the knees, economically. Hard to bargain then !!
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