Just look at Apple's stock chart you know who is winning. Apple's stock value just went up 2% last Friday. 2% doesn't look a lot until you consider that due to Apple's 1 trillion+ market cap, 2% is worth $21 billion. https://finance.yahoo.com/chart/AAP...6ImNoYXJ0In19fSwidiI6IjAuMS4wIiwibWluIjoxfQ== It's obvious by now that China isn't fighting with the US. China is not even fighting Trump. It's fighting with AI and a new generation of technology, and we all know, no country in the world can win FANGS when it comes to AI. AI is more powerful than any country, the us included.
part of trade wars against BRICS ‘Panicking’ white farmers putting land up for sale in South Africa – report https://www.rt.com/business/436364-south-africa-land-sale/
https://www.todayonline.com/world/walmart-asks-some-beauty-suppliers-consider-sourcing-outside-china If Xi is smart, he would quickly settle it. But the problem is Trump may not want to settle regardless of what Xi does to the Yuan. The Yuan devaluation strategy failed. Unlike in 2016, it didn't lead to a stock market collapse. EM stocks collapsed, but the dow continues rising and the US consumption is not even dented. https://business.financialpost.com/...es-back-with-best-sales-in-more-than-a-decade
India defies US threats, poised to sign deal for Russian S-400s in October https://www.rt.com/news/436380-india-s400-system-russia/ BRICS trade ---> war https://www.zerohedge.com/news/2018-08-19/iran-defends-eurasia-integration-unveiling-new-fighter-jet
Some corporations are shifting final stages of manufacturing out of China where possible to other nations not affected by the tariff wars. The upshot of it is at best, Trump's policy will have little impact on consumers in the US if these cheap imports can keep coming in, at worst prices will still rise for consumers if these alternative nations have higher manufacturing costs than China. Malaysia may be a big winner as it has access to workers willing to work for low wages from the Philippines and Bangla Desh workers.
Chinese Oil Imports From Iran Surge As Beijing Shifts To Iran Tankers To Bypass Sanctions https://www.zerohedge.com/news/2018...-beijing-shifts-iran-tankers-bypass-sanctions We also said that China may even replace most if not all American oil with crude from Iran: "Chinese importers are not going to be intimidated, or swayed by U.S. sanctions."
The cost of operating a business in Malaysia is already much cheaper than China if you consider property prices. China is suffering from the same property problem as Singapore, Hong Kong and Australia. Drive up real estate, and the result will be massive inflation because real estate debt must be repaid somehow, by inflating wages and consumer prices. But as compared to the rest, Singapore has done better to control runaway property prices through massive building of public housing.
https://www.rt.com/news/436444-miss...notifications&utm_campaign=push_notifications Massive missile attack launched near presidential palace in Kabul
US sanctions six Russia-flagged vessels, 4 companies & 2 individuals - Treasury https://www.rt.com/business/436482-...notifications&utm_campaign=push_notifications
now US offices are being targeted, its has begun, just like last time when Russian office get pounded in Damascus in Syria
Swift turn: German FM says Europe needs bank transactions system independent from US https://www.rt.com/business/436505-germany-eu-swift-us-iran/
‘A good satellite does what it is told’: US warns Turkey & other allies against buying Russian S-400 https://www.rt.com/usa/436713-s400-turkey-allies-warning/