Gordon Chang: I Am Concerned How Biden Will Rescue China’s Economy

‘The Chinese economy is fragile and vulnerable’

RUSH EXCERPT:

CHANG: “The Chinese economy is fragile and vulnerable but what I’m concerned about is that Biden will rescue it. Big box retailers are canceling their orders with U.S. Producers and placing those orders with China and they are doing that because they believe Biden will cancel President Trump’s section 301 tariffs that were meant to be a remedy for theft of U.S. Intellectual property. With the smart money in the U.S. Is doing is saying look, we are going to go after U.S. Manufacturing, cut it to pieces because we want to make our things in China. This is how the big money is thinking that Biden will handle the U.S.”

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