The looming Chinese economic collapse has threatened the global economy causing panic through contagion in many nations depending on China for the production of basic products. Additionally, other developing economies notably Turkey, Argentina, and Venezuela are on different stages of collapse and may indeed have a significant adverse impact on the global economy.
The looming collapse of the Chinese economy can only be alienated by a reasonable negotiation between Trump and Xi leading to a rational compromise on trade and intellectual property. Xi should realize that his talk with Trump is not about ego or who should blink first, it’s about saving the Chinese economy and therefore he should act swiftly and intelligently.
Until now, Chinese people could only dream of a vibrant economy as a spirit a looming economic collapse fills the air.
Music: CO.AG Music https://www.youtube.com/channel/UCcavSftXHgxLBWwLDm_bNvA
Article written by: Epic Economist
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