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It's All Politics
U.S. farm bankruptcies surge 24% on strain from Trump trade war
submitted 4 years ago by dcjogger from latimes.com
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[–]Chipit 2 insightful - 1 fun2 insightful - 0 fun3 insightful - 0 fun3 insightful - 1 fun - 4 years ago (0 children)
Not a word, of course, about how the trade war is hitting China hard. In fact, this story is curiously absent from any news source. I wonder why?
According to the highly respected China Law Blog, "China’s economy is hurting right now."
I am writing about this now because China today is feeling a lot like Russia in the 1990s. I am getting the sense that many Chinese companies are pessimistic about their futures and they are acting accordingly. Our China lawyers are seeing evidence of this everywhere. We have also seen a massive increase in what I call early IP theft, which also stems from Chinese companies’ lack of confidence in their future. Chinese companies have become wary of their foreign buyers leaving them for tariff-free manufacturing outside China
I am writing about this now because China today is feeling a lot like Russia in the 1990s. I am getting the sense that many Chinese companies are pessimistic about their futures and they are acting accordingly. Our China lawyers are seeing evidence of this everywhere.
We have also seen a massive increase in what I call early IP theft, which also stems from Chinese companies’ lack of confidence in their future.
Chinese companies have become wary of their foreign buyers leaving them for tariff-free manufacturing outside China
https://www.chinalawblog.com/2019/11/how-to-conduct-business-with-chinese-companies-that-see-a-dark-future.html
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[–]Chipit 2 insightful - 1 fun2 insightful - 0 fun3 insightful - 0 fun3 insightful - 1 fun - (0 children)