"The Outlook Has Become Grim": Trump Trade War Causing "Rare Cracks" Within China's Communist Party"

by Tyler Durden

Over the weekend, Trump claimed on Twitter that the US is winning the trade war with China for one simple reason: whereas US stocks are back to all-time highs, the Chinese market has tumbled and remains mired in a bear market.

Now, another - less naive - indication has emerged suggesting that the US is indeed getting the upper hand in the ongoing trade feud: according to Reuters, the trade war with the United States is "causing rifts" within China’s Communist Party, with some critics saying that China's overly nationalistic stance "may have hardened the U.S. position."

continue:
https://realityanddenial.blogspot.com/2018/08/an-interesting-turn-of-events-in.html

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