Despite Trump Tariffs U.S. Firms Still Bullish on China, But for How Long?

Despite President Trump’s punitive tariffs on Chinese imports to the U.S., American businesses seem bullish on China, with profits up, and few interested in moving manufacturing out of the People’s Republic. They say they’ll stay even though they think China cheats them and favors their competitors. But Bill Whittle sees trouble down the road for China’s long-running economic surge, as its middle class swells, wages rise, and the Communist government’s oppression of Hong Kong makes it a stench in the nostrils of the Western world. How long can China keep one foot in free markets and one in centralized control?

 

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