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5 comment(s). Last comment by ks55 2019-08-24 11:08
Posted by ks55 > 2019-08-02 09:29 | Report Abuse
Sure enough, this Dick just announced he would be imposing 10% tariff hike on remaining USD 300 billion Chinese goods starting 1 Sept 2019.
China already anticipated that when they put in Zhong Shan to counter the hawks from America.
If Chinese prepare to eat grass for next 5 years, then Americans will be eating bark for even longer period of time........That is so called Long March mah
Posted by ks55 > 2019-08-02 09:29 | Report Abuse
Just wait for response from Chinese side tonight
Posted by ks55 > 2019-08-07 00:59 | Report Abuse
Response from China:
1. No more US farm produce for Chinese market
2. Let RMB find its own equllibrium without interference from Central Bank. RMB may go to 8 for one USD.
3. No more rare earth minerals for US.
4. No more Chinese tourists heading for US.
5. Selected US companies will be placed under Unreliable Entity List.
6. Unfriendly US companies will be facing sanctions and curtailment to operate in China market. That could include all fast food chains like KFC, McDonald, popular soft drink like coca cola etc.
7. Depend on which side Apple taking side, either you want to remain relevant in China market or not is up to you to choose.
Posted by ks55 > 2019-08-24 11:08 | Report Abuse
Donald Dick imposed 30% tariff on 250 billion imports from China effective 1 Oct 2019.
Another 300 billion at 15% tariff effective 1 Sept 2019.
Now you must 100% convinced Donald Dick is in fact is a 4th category human being.
4 categories of Human being:
1. 100% trustworthy - a credible and reliable person at all times
2. 75% trustworthy - a credible and reliable person most of the time.
3. 50% trustworthy - not credible and not reliable person most of the time.
4. 25% trustworthy - not credible and not reliable person at all times.
No result.
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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....
ks55
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Posted by ks55 > 2019-06-25 11:05 | Report Abuse
G20 is a non-event this round.
President Xi- Donald Dick meeting will not yield anything good.
Very likely 2 Jul, this Dick will impose 25% on Chinese goods.
If not, this Dick will be doing that latest by 2 Sept.