Chinese leader Xi Jinping has said his nation is “not afraid” in his first public comments on the escalating trade war with the US that has tanked international markets and fueled fears of a global recession.
Archived version: https://archive.is/newest/https://edition.cnn.com/2025/04/11/china/china-xi-jinping-first-comment-trade-war-us-intl-hnk
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Why would they be? US is shooting itself in the foot with these sanctions and tariffs.
Why should they be? 2008 financial crisis? China unaffected. COVID? Nope, unaffected. The state run economy is inherently stable because of regulation. I’m not saying that death penalty for bankers that rip off the public is the way to go, but China has a point
I’m not saying that death penalty for bankers that rip off the public is the way to go
Let them cook
I’ll say it if you won’t.
China’s economy was very affected by Covid and the growth of China’s economy has been projected to slow as China can’t rely on its construction sector to continue to supply growth.
That said, China has been preparing for some form of trade war with the USA for a while, so they probably have something planned for this and can now blame any lack of growth on the USA to its citizens.
If I saw a guy at the bus stop hitting himself in the head with a hammer I’d be kind of afraid.
But at the same time it is kinda hilarious
