XPost: alt.politics, alt.politics.usa, alt.fan.rush-limbaugh
XPost: alt.politics.republicans
https://www.dailymail.co.uk/yourmoney/article-14600137/trump-china-bombshell-economy-tariffs-KEVIN-OLEARY.html
The White House is set to hit the Chinese Communist regime with
a double whammy that will turn global commerce on its head.
On Wednesday, the Senate confirmed Wall Street consultant Paul
Atkins to lead the Securities and Exchange Commission – the
agency responsible for regulating the financial markets.
And there is good reason to believe that Atkins may finally
demand that Chinese-controlled companies on the US stock
exchanges stop stealing intellectual property, ignoring
financial standards and unfairly driving companies out of
business – or else.
In addition to Trump’s escalating tariff war against China –
on Friday, Beijing ratcheted up its levies on US goods to
125 percent after the White House slapped Chinese goods with
a minimum 145 percent rate – Chinese companies may soon find
themselves facing the threat of being kicked off the US
stock exchange.
Make no mistake: this is the most important news of the week!
Shutting Chinese companies out of America’s exchanges would
cut them off from their ability to raise capital in the
largest markets on Earth.
. . .
SOUNDS good.
However note that TOO seriously blocking Chinese
capitalism WILL result in them looking for OTHER
kinds of compensation - like owning Taiwan and
beyond.
China is now too big to trivially mess with.
Sorry, but that's the truth. It CAN do as
much damage to the West as the West can do
to it. Chinese peasants - well - they CAN'T
really complain OR ELSE.
--- SoupGate-Win32 v1.05
* Origin: fsxNet Usenet Gateway (21:1/5)