China’s commodity imports stay resilient, but U.S. trade dispute looms

Reuters/Clyde Russell/8-9-2018

“It’s tempting to look at China’s imports of major commodities in July and conclude that the strength is a sign that the escalating trade dispute with the United States isn’t having much of an impact.”

USAGOLD note:  This article paints a surprisingly different picture of China’s economy than the one we got from the Trump administration over the past few days – describing it as “resilient.”

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