Author: admin
Business Matters: State of the Union
President Trump’s State of the Union address is upcoming – we speak to Ellie Schaack, a professional speech writer, about what writing for someone high profile entails. Also, more than a dozen people have been arrested in Lahore this week for defying a government ban on kite flying. We discuss all this live with our guests Mehmal Sarfraz, a senior producer for Pakistan’s Neo TV and Tony Nash, chief economist at Complete Intelligence in Texas.
For three millennia, the attentions of the Middle East have swayed from East to West and back again. The region’s current engagement with Asia is less a statement about a retreating America than it is about an energy-hungry Asia with new strength in trade, technical capabilities and investment resources.
Tony Nash, chief executive officer and chief strategist at Complete Intelligence, discusses China’s economy and the markets. He speaks on “Bloomberg Markets: Asia.”
The Age of Asian Infrastructure
Asia has a rich and well-documented history of early civilizations and seafarers. From China’s Great Wall to the vast complexes of the Khmer and Pagan kingdoms in Cambodia and Myanmar respectively and the roads of India’s Emperor Ashoka, these ancient cultures boasted sophisticated and diverse infrastructure that responded to the varying topographies, climates and natural resources of the region.
The mainstream experts stuck in their globalist mindset believed that President Donald Trump couldn’t take China on in a trade war and possibly win. Those naysayers are beginning to look rather foolish as China’s economic growth is falling without US cooperation. The parasitic relationship between the nations is no more!
The Wall Street Journal noted the progress that Trump is making as he uses his leverage to put the screws to the communist government of China:
An intensifying trade brawl with the U.S. is starting to take a heavier toll on China’s economy, as weakening foreign demand and sluggish domestic consumption cause Chinese manufacturers to significantly scale back production.
The manufacturing slowdown, detailed in reports released Sunday, raises the prospect that China’s leaders will step up economic stimulus measures to prop up growth.
The new data showed that privately owned makers of cars, machinery and other products stopped expanding in September, as export orders dropped the most in more than two years. At the same time, output by large, state-owned manufacturers continued to weaken.
The data, among the first major gauges of China’s economic performance for the third quarter, indicate that the U.S.-China trade fight is beginning to take a bigger bite out of the growth of the world’s second-largest economy.
After renegotiating NAFTA under more favorable terms with Canada and Mexico, Trump is now freed up to blast China with a united front throughout the North American continent. The master deal-maker’s grand plan is coming to fruition before our very eyes!
“China is having a fair amount of difficulty in their domestic economy … so I continue to believe China will come to the table with some significant concessions (although they may be downplayed) this month,” said Tony Nash, CEO of Complete Intelligence, to CNBC reporters.
Trump’s brilliance is playing out on the global stage, and his detractors have more and more egg on their faces as a result. The days of China becoming rich and prosperous while bleeding the US dry are quickly coming to an end due to the incredible leadership of 45.