Read more at https://www.channelnewsasia.com/news/world/trump-says-it-doesn-t-matter-if-china-s-xi-attends-g20-11629992
15 Jun 2019 12:47PM
Danny Lum
(1) If Trump want a genuine trade deal with China - Trump must understand China's "red line" and not cross it.
Then there is a chance for the trade dialogue to continue.
(2) Trump must know that extreme pressure through "threat of tariff on China will not work".
(3) China's GDP is US$14 trillion and 75% of her GDP is domestic consumption (which work out to US$10.5 trillion). Only US$3.5 trillion of China's GDP is derived from trade (where US only make up of about US$500 billion of China's trade).
(4) Thus Trump's threat of 25% tariff will not coerce China's to concede - as its trade with US form only 3.6% of the total China GDP.
(5) Conversely, China can do tremendous damage to US economy, tech advancement and forming new multi-lateral trade deals with other Countries at the expense of US.
Then there is a chance for the trade dialogue to continue.
(2) Trump must know that extreme pressure through "threat of tariff on China will not work".
(3) China's GDP is US$14 trillion and 75% of her GDP is domestic consumption (which work out to US$10.5 trillion). Only US$3.5 trillion of China's GDP is derived from trade (where US only make up of about US$500 billion of China's trade).
(4) Thus Trump's threat of 25% tariff will not coerce China's to concede - as its trade with US form only 3.6% of the total China GDP.
(5) Conversely, China can do tremendous damage to US economy, tech advancement and forming new multi-lateral trade deals with other Countries at the expense of US.
Like · Reply · 1m
Jeffrey Loh
Donald dumb is gonna be the US president for the next 2 years .
Xi is gonna be around like forever.
Donald’s spokeswoman is leaving alongside the many senior staff whom is either fired or had left his administration.
The American “ big corporations “ had also Tod Donald dumb to stop the trade war .
President Xi should not attend for Donald’s sake
LoL
Xi is gonna be around like forever.
Donald’s spokeswoman is leaving alongside the many senior staff whom is either fired or had left his administration.
The American “ big corporations “ had also Tod Donald dumb to stop the trade war .
President Xi should not attend for Donald’s sake
LoL
Joseph Convergence
Trade war is nearing the end.
Both gov collected tarriff full full...now is to steer commerce back to normal.
...
600 US companies crying to Trump over the hardship and difficulties they face over this T-War.
...
I declare Trade War to officially end within 1 month.💪😷
Both gov collected tarriff full full...now is to steer commerce back to normal.
...
600 US companies crying to Trump over the hardship and difficulties they face over this T-War.
...
I declare Trade War to officially end within 1 month.💪😷
Tommy Sandro
The only thing that China thinking about is how to take advantage of this maniac's ego.
Jack Liew
President Xi don't even need to bother about this american "trumpeting wolf". Just go Japan for G20 meeting then just leave after that.
This will be enough to punish this barking trumpeting wolf.
Prexident Xi now got this trumpeting wolf by its balls. It (wolf) is jumping and screaming around .. can you guy hear its scream ....
This will be enough to punish this barking trumpeting wolf.
Prexident Xi now got this trumpeting wolf by its balls. It (wolf) is jumping and screaming around .. can you guy hear its scream ....
Like · Reply · 12m
Keynes Goh
Trump feels insecure now, because if the trade deal doesn't get through, he is likely to lose his second term. Xi, on the other hand, has all the time he has. Trump really underestimates Xi and. China this time.
Trump doesn't have the luxury of time, doesn't get support from all his administration doesn't get support from his allies, worst of all, doesn't have support of his own corporations and farmers.
Xi, on the other hand, has the luxury of time, get completely full support from his party, get almost full support from the citizens of China, got moderate support from his allies.
It is pretty obvious who will blink first.
Trump doesn't have the luxury of time, doesn't get support from all his administration doesn't get support from his allies, worst of all, doesn't have support of his own corporations and farmers.
Xi, on the other hand, has the luxury of time, get completely full support from his party, get almost full support from the citizens of China, got moderate support from his allies.
It is pretty obvious who will blink first.
No comments:
Post a Comment