unemployment

Five Reasons Why China Could Lose the Tariff War

Beijing has been talking tough ever since President Donald Trump began raising tariffs against China, swiftly retaliating with its own tariff hikes instead of negotiating like most other major countries and vowing to “fight to the end.” There are some good reasons why China’s blustery confidence might be misplaced.

This photo illustration shows Chinese 100 yuan notes (red) and US 100 dollar notes, in Bei