Pepe Escobar : China Economy Rapidly Growing Preparing for Trump Sanctions | Judge Napolitano – Judging Freedom

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Summary

➡ Judge Napolitano – Judging Freedom channel talks about how despite claims that the Chinese economy is struggling, it has actually grown nearly 5% in the first half of the year. The goal is to maintain this 5% growth rate moving forward.

Transcript

If you were reading a Wall Street Journal, American Media, Financial Times, the Brits, etc. Ah! The Chinese economy is in dire straits. They are not going to grow 5% a year. It’s ridiculous. They grew practically 5% a year in the first semester. Everybody was doing this blah, blah, blah because in the second quarter they grew apparently 4.9, 4.8 something, almost 4.9, which if you compare to the first quarter, overall 5% and the communique was very explicit. Our unwavering their own worlds target is to grow by 5% for the next five years, not only this year.

So this gives all of you the idea of how focused they are and this is the number one focus. Foreign policy, of course, is adjacent to all that, but the most important thing is to face the economic challenges. They are already factoring the Trump factor judges. Very, very important. And this is something that you can talk freely in Hong Kong with people in the financial markets. And they know that there’s going to be a tsunami of sanctions next year if Trump is reluctant. [tr:trw].

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China's 5% economic growth China's economic growth 2021 Chinese economic performance Chinese economy growth in first half of the year Chinese economy growth rate debunking Chinese economy struggles future of Chinese economy maintaining 5% growth rate in China sustaining economic growth in China understanding China's economy

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