Loading ...Its all just a CHANGE and readjustment. Or REVERSAL of the past. What was isn’t what is anymore after 2008. Its pretty simple. And that Yuan baloney was always pegged 6-7 for a $1. That was like a 50 year rental agreement on an industrial building. You can’t move industries, and have to worry about the exchange rate. 6-7 Yuan is a microscopic amount. Can’t hurt you after you relocate.
“Trade war” words were not used during Ron Reagan ’81-’89, when millions of US corporations moved into China. They didn’t call it trade war after 1960 when the USA was buying everything from Europe and Japan. Japan lost jobs to China after 1989. Its nomadic capital. And these global operating businesses must have influence and decide among themselves when and where they decide to go.