If so, Hong Kong and its unrest is just the start of Chairman Xi's problems.
President Trump is famously impatient in achieving a financial objective. He is known to have well thought plans, but he is also known to not pause long when executing his plan. This economic impatience may seem to be at odds with the majority of the financial media who say President Trump is playing a long-game with Chairman Xi Jinping.
ERGO the dichotomy is explained thus: If President Trump is famously impatient, then why is he being so deliberate and painfully slow in achieving a deal with Chairman Xi?…
Here’s the ‘ah-ha’ moment.
….The current status with China was the final objective.
President Trump looks like he’s being stunningly patient because President Trump achieved his goal when no-one was paying attention. We are already past the success point.
The goal is essentially achieved.
There is no actual intent to reach a trade deal with China where the U.S. drops the tariffs and returns to holding hands with a happy panda playing by new rules. This fictional narrative is a figment of fantasy being sold by a financial media that cannot fathom a U.S. President would be so bold as to just walk away from China.
That ‘walk away’ is exactly what President Trump did when he left all of those meetings in Southeast Asia in 2017; and every moment since has been setting up, and firming up, an entirely new global supply chain without China.
President Trump is not currently engaged in a substantive trade agreement in the formal way people are thinking about it. Instead “Phase-One” is simply President Trump negotiating the terms of a big Agricultural purchase commitment from Beijing, and also protecting some very specific U.S. business interests (think Apple Co.) in the process.
The actual goal of President Trump’s U.S-China trade reset is a complete decoupling of U.S. critical manufacturing within China.