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Interesting news about China

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Ted:
Something I don't see in mainstream USA news
https://www.scmp.com/economy/china-economy/article/2171705/xi-pledges-china-buy-us40-trillion-worth-imports-next-15-years?utm_medium=email&utm_source=mailchimp&utm_campaign=enlz-scmp_international&utm_content=20181105&MCUID=504d5d1a1f&MCCampaignID=cd505a0acc&MCAccountID=3775521f5f542047246d9c827&tc=1

Tnic:
Huh!  Imagine dat!

David Rochlin:
That would be an increase of ten or fifteen times present trade.  I guess 2017 was $130 billion of tangible trade goods, not including services.   My feeling is that maybe we shouldn't give President Trump credit for this, because the promise is such a huge increase that Xi is probably lying.  I mean, there is a small chance China will follow through with that, but ask yourself whether they would lie just to keep Tariffs away for two years, until (they hope,) there is a Democrat President.  They wouldn't do that would they?
 Thirty Trillion of talk is cheaper than even a couple trillion before 2020.

Tnic:

--- Quote from: David Rochlin on 21:04 05-Nov-2018 ---That would be an increase of ten or fifteen times present trade.  I guess 2017 was $130 billion of tangible trade goods, not including services.   My feeling is that maybe we shouldn't give President Trump credit for this, because the promise is such a huge increase that Xi is probably lying.  I mean, there is a small chance China will follow through with that, but ask yourself whether they would lie just to keep Tariffs away for two years, until (they hope,) there is a Democrat President.  They wouldn't do that would they?
 Thirty Trillion of talk is cheaper than even a couple trillion before 2020.

--- End quote ---

Actually Trump DOES deserve credit for at least pushing the chicoms into having to give lip service to reducing the trade deficit.

Whether they follow through or not is a whole nuther kettle of fishies and a Trump win in 2020 will force them to do just that.  For another 4 years anyways.

Ted:
And on the Ukrainian front:

I guess this means we get more misspeelded teashirks

🔵China-Ukraine trade is up by 21% through August, to $5.8 billion, tweets the Economic Development and Trade ministry. At this rate, bilateral trade this year will be near $8.7 billion. If growth rates continue, trade will hit $10 billion next year and in 2020 China could displace Russia as Ukraine?s largest single nation trading partner. ?China is a strategically important partner for Ukraine, our trade volume is constantly growing,? Stepan Kubiv, Ukraine?s Trade minister wrote on Facebook from Shanghai, where he leads Ukraine?s delegation to China?s first International Import Fair.

🔵In Shanghai, Ukrainian executives are to meet with executives of Huawei, ZTE telecom, Pacific Construction Group, Bohai Commodity Exchange. In Beijing, there will be meetings with the China Council for the Promotion of International Trade, China Railway Corporation, China National Electric Engineering Co., and China Road and Bridge Corporation.

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