BS – why are wealthy Chinese buying Pacific properties in the US and Canada as well as in Australia like crazy? Why are the families of the connected ones siphoning funds off into foreign accounts? Why is the nomenclatura getting ready for hard times in China? China is at breaking point and the Chinese elites know it which is why they smile and get their cash out asap. But China is also a Poker player and won’t give up its belligerence until all hope is lost. When you play, you play for blood.
Former US Secretary of State Rex Tillerson warned the Trump administration Wednesday not to underestimate the ability of the Chinese government to absorb the pain from an escalating trade war with the US that has roiled energy markets.