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☆ Yσɠƚԋσʂ ☆@lemmygrad.ml to news@hexbear.netEnglish · 1 month ago

China intends to crush the trade war. Beijing has retaliated against Donald Trump's tariffs — and the response was far stronger than expected.

www.newstatesman.com

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China intends to crush the trade war. Beijing has retaliated against Donald Trump's tariffs — and the response was far stronger than expected.

www.newstatesman.com

☆ Yσɠƚԋσʂ ☆@lemmygrad.ml to news@hexbear.netEnglish · 1 month ago
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  • economics@lemmy.ml
China intends to crush the trade war
www.newstatesman.com
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Beijing has retaliated against Donald Trump’s tariffs – and the response was far stronger than expected.
  • WizardOfLoneliness [they/them, comrade/them]@hexbear.net
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    1 month ago

    What the fuck is a “fractious economy”

    • Palacegalleryratio [he/him]@hexbear.net
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      1 month ago

      Dunno but I fail to see how it can be more fractious than an economy based on a stockmarket that is in free fall because of the tweets out of a mad ~80yr old king.

    • Z_Poster365 [none/use name]@hexbear.net
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      1 month ago

      China has a Schroedinger’s Economy. It is always in a superposition between imminent collapse and growing faster than the American economy, both being true simultaneously. The West actually believes both, and to make sense of the cognitive dissonance in their head, they call the economy “fractious”

      • QuillcrestFalconer [he/him]@hexbear.net
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        1 month ago

        China is so advanced their whole economy is in quantum superposition

    • BelieveRevolt [he/him]@hexbear.net
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      1 month ago

      That links to an article the same guy wrote a year and a half ago about the usual “muh Evergrande” stuff. So to answer your question, I don’t know.

    • Future_Honkey [none/use name]@hexbear.net
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      1 month ago

      An economy way past its bedtime?

      • Palacegalleryratio [he/him]@hexbear.net
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        1 month ago

        You can’t reason with the Chinese economy when it’s in this state, it’s over tired and doesn’t know what it wants.

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