I wonder about his enthusiasm. For instance, tourism is dead right now, how is that a net positive? Manufacturing is slow in China because we're locked down and unemployment is high how does that benefit the Chinese?
If things are slower in the rest of the world than they are in China, they’re still relatively ahead even if their growth is reduced. Additionally, they bought up a ton of stock on discount back in March.
They may be hurting a little now, but it’s going to pay off in spades in the long run when the west is still crippled and potentially fighting among itself.
He needs to extend it longer. 5 years should be good. But he'll need a plan to do so. Hmmm...
I wonder about his enthusiasm. For instance, tourism is dead right now, how is that a net positive? Manufacturing is slow in China because we're locked down and unemployment is high how does that benefit the Chinese?
Plus a zillion other negatives.
How is this a triumph?
If things are slower in the rest of the world than they are in China, they’re still relatively ahead even if their growth is reduced. Additionally, they bought up a ton of stock on discount back in March.
They may be hurting a little now, but it’s going to pay off in spades in the long run when the west is still crippled and potentially fighting among itself.