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Can Trump’s Tariff-war be a death-knell for Xi Jingping to be removed from power?
This round of Tariff-war could spell Xi JinPing’s death-knell as he is considerably weaken in his hold on power!
Time-line showing US v China tit-for-tat Tariff-war
China’s economy is already at its weakest with Real Estate bankruptcies, ghost cities, failing infrastructures, soaring youth unemployment : it has been in decline for 2 years in a row
China has been experiencing a spell of deflation, or falling prices, that contrasts with inflationary pressures prevailing elsewhere in the world. Cheaper prices can be a blessing for some, but deflation is a symptom of relatively weak demand and stalling economic growth.
Such challenges are the backdrop to the annual session of China’s parliament, which begins Wednesday. It’s unclear what the ruling Communist Party might do to tackle the problem, though some economists expect Beijing to announce more government spending. Observers also will be watching for changes to…