Article

2019-08-26 China-Japan-Koreas

China announces it seeks 'calm' end to trade war, as markets tank and currency hits 11-year flatline

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Posted by DarthVader 2019-08-26 08:48|| || Front Page|| [10330 views ] Top
File under: Commies

#1 Hell no! Total separation from Communists.

Posted by Victor Emmanuel Johnson5472 2019-08-26 09:52|| 2019-08-26 09:52|| Front Page Top

#2 Hmmm...waiting out Trump and supporting his opponents in the States doesn't seem to be working fast enough.

Posted by Procopius2k 2019-08-26 09:55|| 2019-08-26 09:55|| Front Page Top

#3 I love the bit I read yesterday about Japan buying US corn to help in the trade spat. Lots of folks wanting China to fail but few step in and help. Can't help but wonder if Trump asked them for that assistance or if it was a present.

Posted by ruprecht 2019-08-26 10:03|| 2019-08-26 10:03|| Front Page Top

#4 Blame/credit the armyworms.

Posted by Victor Emmanuel Johnson5472 2019-08-26 10:11|| 2019-08-26 10:11|| Front Page Top

#5 US Equity markets up strongly this morning on this news.

As implied by DarthV, if a deal is made, there is going to have to be a lot of close monitoring after the deal, back in 2017 I was pretty sure the Trump Admin wouldn't know how to do this. By now, I think they should have the capability and the incentive to do the monitoring.

Posted by lord garth 2019-08-26 10:48|| 2019-08-26 10:48|| Front Page Top

#6 Why is that China can own business and factories in the USA, while Americans cannot own business or factories in China?

Posted by Seeking Cure For Ignorance 2019-08-26 10:57|| 2019-08-26 10:57|| Front Page Top

#7 actually several American companies own and operate biz in China

this is not necessarily good and not necessarily bad

for example there is Abbott Lab

they employ a lot of people to make nutritional products that are sold to wholesalers in China, people are employed, the company makes a profit

they also employ a lot of people in R&D which could be done in a lot of places but China has some advantages for them, for example, lower salaries, for another, the initial testing of products may be done without compliance with US regulations -- true they will have to do the compliance eventually to sell in the US but the initial testing will eliminate candidates quicker than they would if the R&D was done in the US. They do have to pay various type of legal or quasi legal bribes (sometime disguised as no work consultant fees to the relatives of govt officials)

it is complicated

Posted by lord garth 2019-08-26 12:08|| 2019-08-26 12:08|| Front Page Top

#8 Sooner or Later Abott Labs will wake up and find they have a sound alike named competitor, say Abatt labs.

Posted by Flesing Wittlesbach3140 2019-08-26 12:20|| 2019-08-26 12:20|| Front Page Top

#9 i would rather the R&D be up too the US codes than the chinese. Remeber the baby formula that was killing infants a few years back?

Posted by chris 2019-08-26 14:43|| 2019-08-26 14:43|| Front Page Top

#10 I understand they executed that guy.

Posted by gorb 2019-08-26 20:27|| 2019-08-26 20:27|| Front Page Top

#11 And the baby formula thing was a fake Abbott Labs.

Posted by Dron66046 2019-08-26 21:11|| 2019-08-26 21:11|| Front Page Top

#12 the faster they rise...
apologies to Jimmy Cliff

Posted by Lex 2019-08-26 21:48|| 2019-08-26 21:48|| Front Page Top

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