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Goldman is WangQishan's closing cooprater. It's very funny that they gave such a warning😅
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Two major companies on Monday — Caterpillar and Nvidia — blamed China for poor earningsCaterpillar said that demand for its equipment in China declined in the fourth quarter, a bad omen for the global economy. So when do these people blame themselves? To trade or not to trade. That's what happens when you cut off the free welfare money. The U.S. will not subsidize Chinese growth anymore.🇺🇸
Source: CNBC - 🏆 12. / 72 Read more »
China could completely cut off investment into Silicon Valley amid Huawei bust-upChina could completely cut its capital outflows into Silicon Valley, according to the former deputy governor of the People's Bank of China. Let's hope not. Everyone is forgetting the most CRITICAL facet of China that makes it a very bad investment, long term: China is a communist country. Period. There is NO FREE MARKET in China. There never has been. Silicon Valley will not even notice it. From where else will they 'misappropriate' IP?
Source: CNBC - 🏆 12. / 72 Read more »