Tuesday, December 20, 2016

China could be in trouble even without Donald Trump

We have a credit bubble in China, like, by the way, everywhere else in the world. It's just bigger in China and that, in my view, will have to be deflated.

Donald Trump criticizes China

Mr. Trump is not particularly keen on China. There may be some trade war escalation or trade restrictions with China... The U.S. is still its largest export destination as a country.