Joe Biden Is The Only Man Who Can Save China In 2020

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Joe Biden Is The Only Man Who Can Save China In 2020
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  • 📰 Forbes
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Only Biden can save China.

released yesterday, Biden leads with 33% of intended votes among Democratic primary voters. That's nearly equal to No. 2 Sanders and No. 3 Warren .

Companies are sick of trade war uncertainty. President Trump has a year left to make life with China livable again. , but you would be hard pressed to find anything there regarding his position on China. Problem is, those rules of the road were already written in the World Trade Organization's"rule book" when China joined it in 2001.

Wall Street will absolutely hate her before they learn to live with her. Barring surprising Tweets early in the morning, China won't see much difference if Warren wins. Companies are getting tired of the trade war uncertainty. Unlike Wall Street, they say they do not need lower interest rates. They are not having problems with credit. They are not investing in the U.S. or abroad due to uncertainty.

China's currency has depreciated and is now over 7 to the dollar for the first time in years. Their central bank will likely reduce interest rates and reserve ratio requirements to spur lending.

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