The Financial Collapse of 2001 Unwinding Message Board

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Strategies & Market Trends : The Financial Collapse of 2001 Unwinding

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To: John Vosilla who wrote (1817)	1/31/2019 3:11:39 AM
From: elmatador	Read Replies (1) of 13801

China GDP growth has been western dependent Once the Western economies tanked in 2008-09, the Communist Party needed to implement, the 2008–09 Chinese economic stimulus plan at RMB¥ 4 trillion (US$586 billion) to keep GDP in line with its Five-year plan targets. China's desperate to reach a deal with the US. Just as the Trade War started biting: "The Chinese government is ramping up stimulus plans to keep the economy moving along amid mounting pressure, planning more than 2.5 trillion yuan ($370 billion) in tax cuts and infrastructure spending while also encouraging wary banks to extend more credit." asia.nikkei.com The Communist Party's bosses can even decided to throw Huawei under the bus to get a deal with the US. It is not China that causes recessions. It is the rest of the world that threatens China to stop growing.

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