Click here for a link to a 9/17 interview I did on CNBC Power Lunch to discuss China’s 6.5% GDP figure for the third quarter.
Along with 5.8% Industrial Production growth and 9.2% increases in retail sales, rumors about the death of the Chinese economy are premature. But the trade war is doing real long-term damage to the Chinese economy by convincing Chinese owners to move assembly operations from China to Vietnam.
JR
Click here for a link to a 9/14 spot I did on CNBC Closing Bell to discuss the impact of $200 billion in new US tariffs on Chinese goods in light of the declining value of the RMB.
I argue here that it is rising US interest rates and a falling RMB that are putting pressure on Chinese companies by increasing the burden of dollar-denominated debt they issued during the US zero interest rate period.
JR
BEA Indicators
BEA Indicators