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Wednesday, September 26, 2018

ECB simulation showed that China would win and US would lose in a trade war.

https://sg.finance.yahoo.com/news/u-most-lose-trade-war-china-benefit-ecb-081057010--business.html

ECB simulation shared the same viewpoint as ours.  We had stated previously that the US would lose in a US-China trade war and China would win if it prolonged the trade war.

http://sg-stock.blogspot.com/2018/04/who-will-win-in-trade-war-us-or-china.html

No wonder Jack Ma of Alibaba said that the US-China trade war might last 20 years.  This statement showed that China had prepared itself for a long drawn trade war with the US.

1 comment:

Eric Ho said...

https://sg.finance.yahoo.com/news/trump-doesn-apos-t-realize-081000406.html

The US consumers are the biggest losers in the US-China trade war.

The tariffs and high oil prices are going to squeeze the consumers' pockets next year!