Playing poker with Xi is not easy – China wants more before signing the light deal t.co/18fBvOApsk
— The Market Ear (@themarketear) October 14, 2019
Chinese economy headed for the worst quarter in 2019, below 6% GDP – BBG
— FXHedge (@Fxhedgers) October 14, 2019
Observations from a smaller limb.
Seems numerous reports out that China is having export problems these day.
“China’s exports growth in biggest drop since February, as U.S. trade war continues to hammer economy.”
- Both exports and imports fell by more than expected in the world’s second largest economy in September, with US tariffs causing serious issues for China’s trade
- US President Donald Trump said China agreed last week to resume buying US farm goods as part of a deal that will also delay a tariff increase set for Tuesday
“ China’s nine-month exports to U.S. down 10.7% in dollar terms.”