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NOTHING IS PERMANENT EXCEPT CHANGE

National People's Congress, its annual meeting of parliament, was held against the backdrop of the country's ongoing economic turbulence. How to cope with slowing growth was a main theme at the event. Regrettably, discussions largely steered clear of harsh realities, presumably because political stability was deemed more important.
 
 

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PS: VẬY ĐÃ ĐÚNG LÚC FED NÂNG LÃI SUẤT RỒI?! Nền kinh tế hạ nhiệt và các chính sách can thiệp của Bắc Kinh đã ảnh hưởng trực tiếp đến Hoa Kỳ trong thời gian vừa qua. Tuy nhiên trong giai đoạn dài hạn, sự chậm lại của kinh tế TQ sẽ khiến Hoa Kỳ […]

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China could switch to other tactics like barring U.S. service sector companies or intentionally driving down the value of its currency, Goldman Sachs economists said. The U.S. is threatening to put tariffs on $150 billion of Chinese goods, but China can’t retaliate in kind because it imported only $131 billion in U.S. goods last year. […]

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