Fears for China on US tariffs are overblown ...Middle East

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Fears for China on US tariffs are overblown
Bloomberg (gated) interview with Robert Friedland, the founder of Ivanhoe Mines.In brief:China "exports to the US are much lower than they were in the first Trump administration. So they have a lot less sensitivity to tariffs in the US than seven or eight years ago.” “China is still taking a number of steps to stimulate consumer demand to sort of get rid of its problems with local government debt, and I think over a three- to five-year term China still looks very solid” The latest out China looks to be an example of other steps China can take - this should, at the margin, stimulate domestic demand:China plans further cuts to house buying taxes to boost property sector This a

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