May be too early for Huawei n Xiaomei to celebrate. US cud impose import tariffs, with caution that China cannot retaliate, or it'll face escalated tariffs. In a total trade war, China loses trade surplus of US$360 bil a year. That's the basic data point. It's complicated, of course. But I'd agree, Trump will probably stop US cos going out. I'd expected aircons getting import tariffs coming back from Mexico - that was what he campaigned - rather than a tax incentive. That rather than trying to bring production home, or broad-based tariffs, which are needed to narrow the horrendous trade hole, but he hadn't created the decades-long problem. It's not his job to ask Americans to consume within its means.
Trump want reverse its economies from globalisatio to dasar tutup pintu China. Obviously, China appear to take charge as giant to make America worsen. Trump wrongly phrase as make American great again.
Mango juice just incase you are too young to know. Most of the sucessful countries product they innovates starts from copying. 10 years ago korean they are copying japanese cars and look where they are now. 40 years ago mitsubishi copying car mostly based on American vehicle companies like Ford. Same goes to Ford who copy cars based on Mercedes. Most important is the reverse engineering from the products that you copied.
Trump memerintah berdasar pri nsip economic tertutup.... Boleh kah the great China has practice this long ago tidak berjaya.... Still want to go ahead....... Let see how he does...
Donald Trump.....mark my words, nothing good ever comes out of Donald Trump.
Trump will be impeached within these 4 years. He will break the law and give excuse to impeach him for that is who Trump really is. Trump's interest is Trump and only Trump , no one else, nothing else.
Trump is just a boy child, kindergartener who can bankrupt casinos, stiff workers and contractors, cheat students, > 2,000 law suits against him...started the birther movement about Obama not born in America.
Right now, we are witnessing a sort of honeymoon for him, the normalisation of a monster....It will not last.
The Republican party (together with the Democrats) will push him off the cliff for a very standard Republican in the form of Mike Pence.
all logical reasoning suggest that he won't/wouldn't be able to do most of the things he promised to do. however, if he really as narcissist as everyone thought he is, populist policies may still be on the cards. republicans may not dare to be tough, at least publicly, against a popular president. after all, republicans won big this round, arguably because of trump.
what I'm afraid is that before the election, everyone has overestimated what trump can do, but now after the election, everyone is underestimating what he would do. one bad decision by trump could shake the world. and if he screws up, he can always blame other countries or leaders (not the first time in his life)
BNM force conversion on export proceeds may not be all bad afterall;
1.RM is undervalue compare with the peers if not bcos of the poor sentiment.....if force convert...could be good mah....!! Bcos without BNM instruction....exporter don dare to convert even RM is undervalue mah.....!! 2. Going fwd exporters are generating many many USD why should they speculate leh ? If USD appreciate....exporter benefit from new export proceeds mah....but if RM reverse strengthen....at least exporter don have currency losses thru holding forex mah....!!
So it is win win BNM ruling....help ur country & help yourself loh....!!
kids also know US Cannot Turn Protectionist, while they have military bases located all over the world.but there is a sign ,he would put on a reverse gear on globalization.many policies from obama will be abandoned,and no more golf game with number one offier
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
VenFx
14,784 posts
Posted by VenFx > 2016-12-03 18:15 | Report Abuse
China has make it a more advance form in facilitating to the Foreigners Investment.