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NOTHING IS PERMANENT EXCEPT CHANGE

  • China's economy is showing signs of extreme stress, and not just because of President Donald Trump's trade war.
  • Economic data is showing that China's debt problems are gobbling up cash faster than more Chinese people can become consumers.
  • To change this narrative and calm markets, China will have to make a deal with Trump by March 1.
  • The deal will likely be a sham.
  • But the best outcome for China is that Trump pretends it's good so that he can declare victory, and Wall Street and the rest of the world can pretend China's economy has a catalyst for recovery.

OTHER NEWS

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https://asia.nikkei.com/Economy/Trade-tensions/US-and-China-look-to-revive-trade-talks

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