Ex-China mouthpiece hits again at US, says "we're curious to see who holds out longer"

Simply deal with this with a pinch of salt (contemplating Hu is the one commenting) but it surely does present some meals for thought as to how China seems to be to be approaching this matter. He is not the primary to talk these phrases as we have heard from many nationalists already that the technique right here is to not give in to Trump’s threats.

“Right here’s the factor: China wants America’s cash, however US wants Chinese language items extra. China isn’t as determined to succeed in a deal as you make it sound—looks as if it’s you who’s extra anxious. In any other case, why do you retain happening about it? We’re curious to see who holds out longer: a rustic that prints cash or a rustic that manufactures items?

By the best way, China is a nation of savers, whereas US is certainly not a nation of stockpiled items. Your uncommon earth reserves would possibly solely final just a few months.”

For some context, Hu can be nonetheless making an attempt to make again his identify after having obtained loads of backlash final 12 months for “violating the political self-discipline of the occasion” throughout one in every of his commentaries in analysing China’s financial technique.

So, maintain that in thoughts when studying the remarks above.

However once more, it does converse to the concept China seems very happy to simply hunker down and wait out the storm relatively than enable Trump’s threats and tariffs to overpower their resolve.

This text was written by Justin Low at www.ubaidahsan.com.



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