Forget the trade war: China's economy has other big problems
China is riding out the trade war so far but its economic troubles run deep and could escalate rapidly if US tariffs really start to bite.
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I said this for a long time. Long before the trade war, China's economy was slowing. Their debt load makes the US look almost thrifty. They are in trouble technologically since they havent mastered chips and have to import them all. Plus they have a pollution problem that runs very deep.
Think if the US and China's economy collapses at the same time...
This is really worried news for China. I don’t understand what would happen!