RE:China troubles?youknowwhat,
You may also consider that China needs money, just as the U.S. or any other nation requires money in order to more efficiently and effectively operate it's economy.
The economic war waged by the U.S. against China is being taken up a notch yet again.
If you are not owning gold bullion and gold miners that have proven gold reserves, you are going to wish you did.
Do you know what would happen when all the BRICS nations based corporations begin more so aggressively shunning the USD when transacting deals amongst one another and also instead electing to purchase high quality China based corporation issued debenture notes and the like?
The USD is wanting to place 100% tariffs on China based companies manufacturered and exported cars and batteries, this when the U.S Government most senior representatives know full well that not only it's trillions in dollars worth of tax subsidies, grants, loans, etc., are going to be wiped out when perhaps China decides that the only way that any critical elements (graphite) comprised battery materials will be allowed to leave China is as comprising specific finished products, cars, batteries, etc., which are manufactured in China by China based companies providing Chinese citizens the employment and economic prosperity they require.
There is a shipload more retaliatory actions China leadership can take which would impact this U.S Government political administration more desasterously than they could expect.