Is China risking recession to defeat Donald Trump?
Trade tensions between the US and China continue to increase:
Donald Trump’s WTO move is a feeble answer to the China challenge
August 8, 2019
Last week, the Trump administration demanded that the World Trade Organisation update its definition of a “developing country” and remove the favourable treatment the designation confers on nations like China. US President Donald Trump tweeted that “the WTO is broken when the world’s richest countries claim to be developing countries to avoid WTO rules and get special treatment”. …
Chinese foreign ministry spokeswoman Hua Chunying was right to point out that the criteria and procedures for labelling an economy a “developing country” under the WTO should not be decided by one country. https://www.scmp.com/comment/opinion/article/3021667/trumps-wto-move-feeble-answer-china-challenge
China does not want the US to dictate international trade rules and instead has tried to enlist the Europeans on its side in respect to WTO matters.
That being said, could China be risking recession in efforts that may help defeat US President Donald Trump’s re-election? Some suspect that is the case:
China Willing to Accept Recession to Win Trade War, Prevent Trump Reelection
August 8, 2019
China might be willing to accept an economic recession in order to win the trade war and hurt U.S. President Donald Trump’s reelection chances, according to global investors interviewed by CNBC.
Just this week China suspended purchase of all U.S. agriculture products, hitting American farmers where it hurts, and also weaponized its currency, the yuan, by letting it fall to politically sensitive 7.0-to-$1 ratio. Both are high-risk measures that put Chinese businesses and the country’s economy at risk — but that’s just a preview of what China could be willing to do to defeat Trump and get a better long-term deal more in Beijing’s favor.
China’s latest moves came after Trump shocked the world with the announcement of 10% tariffs on the final $300 billion worth of Chinese imports to go into effect on Sept. 1. https://moneyandmarkets.com/china-recession-win-trade-war-donald-trump/
- Many investors have expressed the view that China is prepared to accept an economic downturn (and thus a global economic downturn) to prevent President Trump’s reelection,” says Naka Matsuzawa, Nomura’s chief rates strategist.
- China’s high-stakes retaliation measures, which could put Chinese businesses at risk, are aiming to diminish Trump’s chances in 2020 so China could eventually have a Democratic leader to negotiate an easier deal. …
”[China] could also further curb purchases of agricultural goods, possibly as a means of undermining Trump’s support base among rural voters ahead of the November 2020 presidential election,” Mark Haefele, UBS’ global chief investment officer, said in a note Tuesday. https://www.cnbc.com/2019/08/07/china-may-be-willing-to-accept-an-economic-downturn-to-hurt-trump-and-win-a-better-trade-deal.html
Donald Trump’s tariffs, sanctions, and threats have had an impact.
But China and much of the rest of the world is trying to figure out how to deal with him.
The European Union would like to see Donald Trump defeated as well.
Contrary to the views of many, the 21st century will not belong to China or the USA, but to Europe for a few years. That is consistent with biblical prophecies in the Old and New Testaments (see WTO/TTIP and the Babylonian Beast).
One major unintended consequence of Donald Trump’s trade policies has been, and will be, pushing China to work more closely with Europe on trade matters.
Because of miscalculations with trade statements and policies from the USA, Europe is ending up with more leverage.
This is consistent with biblical prophecies that show Europe will dominate trade:
2 … Babylon … 3 For all the nations have drunk of the wine of the wrath of her fornication, the kings of the earth have committed fornication with her, and the merchants of the earth have become rich through the abundance of her luxury. (Revelation 18:2,3)
Both the USA and China are making miscalculations in this trade dispute and will face costs that they did not really expect.
Now, China is more vulnerable to economic problems than most seem to think.
China has several positives, yet several negatives. On the positive side, it has grow tremendously economically and it has substantial manufacturing capabilities. The economic standard of living for many there has greatly improved. Because of that and its high population, many believe that China will dominate the world economically this century–but that will not really be the case–Bible prophecy points to a European power, temporarily (cf. Revelation 18), for that.
China has problems. Not all have benefited much from its economic growth. One of the things that most Westerners do not realize is that China has a system that prevents its citizens from agrarian areas from having the same rights as those in urban areas. It is called the hukou. Here is more information about that:
The hukou
Through a rigorous and rigid household registration system designed to control the movement of China’s 1.3 billion people, the central government classifies all its citizens as either city dwellers or rural peasants. The registration, also known in Chinese as hukou, determines not only a citizen’s residence but also what kind of social services individuals are eligible for…In Beijing, which has an estimated 5 million migrant workers, none of these people are allowed to obtain state-sponsored health care or schooling if their hukou is registered in their hometowns—which most likely it is. As a result, their children—many of whom are born in the Chinese capital—can only attend privately-run and unapproved schools. (Mong A, Gu B. In Beijing, 40,000 students stranded. MSNBC, August 19, 2011. http://behindthewall.msnbc.msn.com/_news/2011/08/19/7413538-in-beijing-40000-students-stranded?lite)
Even people who move from agrarian regions to the cities, still are registered as agrarian/rural and do not get the same rights or even education for their children. This disparity, combined with severe pollution, corruption, and a host of other problems, has affected China more than most realize. Furthermore, most Chinese do not trust the Chinese, and how accurate some of its economic data is has been questioned by many inside and outside of China.
Various ones also see real estate and infrastructure bubbles in China. China’s dependence on exports makes it vulnerable to trade policies from various regions, but particularly from the US and the EU.
China could enter a recession that may result in much internal conflict.
Whether or not China’s intended actions would result in Donald Trump’s electoral defeat will be seen in November 2020, presuming Donald Trump is on the ballot then.
Some items of possibly related interest may include:
Trade Disputes: CCOG Warnings Are Coming to Pass Trade tensions and talks of trade wars have escalated. US President Donald Trump has put Europe, China, Mexico, and other lands on notice that he wants to change how international trade with the USA has been going. Tariffs, retaliatory tariffs, and even more tariffs are being implemented. Is this all just happenstance? Are we yet in a trade war? What will Europe do? Has the Church of God been warning about trade disputes and a coming trade war for decades? What about the Continuing Church of God (CCOG)? What has been warned, what has been happening, and what will happen? Will trade disputes be a factor in World War III (WW3)? Dr. Thiel explains what has been taught and what to expect.
Trade Wars: Are COG warnings coming to pass? Trade issues, tariffs, and talk of trade wars are in the news. Can trade wars lead to World War III like they did to World War II? Are the events going on with the USA, UK, Asia, and Europe consistent with warnings published by the true Church of God (COG) over the past several years and decades? Do Germany and China hope to take advantage of trade frictions involving the Trump Administration and the Trans-Pacific Partnership agreement? What about Mexico and South America? Does the Bible teach that Europe will become a major trading power? Will the final European Babylonian trading power be destroyed? Dr. Thiel addresses these issues and more in this video.
19 items to prophetically watch in 2019 Much is happening. Dr. Thiel points to 19 items to watch (cf. Mark 13:37), plus another, in this article. Here is a link to a related sermon: 19 items to watch in 2019.
China, Its Biblical Past and Future, Part 1: Genesis and Chinese Characters Where did the Chinese people come from? Japeth, Javan, Magog? Is there evidence that the Chinese peoples must have known about various accounts in the Book of Genesis up until their dispersion after the Tower of Babel? What do Chinese writings and characters help show? What about the Garden of Eden, Noah’s Flood, and the Tower of Babel? Here is a link to a version of this article in Spanish: ¿Prueban los caracteres chinos la exactitud de la Biblia? A related sermon is also available: China’s biblical past and prophetic actions.
China, Its Biblical Past and Future, Part 2: The Sabbath and Some of God’s Witness in China When did Christianity first come to China? What about the Apostle Thomas? Did Confucius say anything to get the Chinese to possibly consider Christianity? Is there early evidence that they observed the seventh day sabbath? What about the Ten Commandments? What type of Church of God witness has there been to China? What has been happening with China that ties it together with prophecies in Revelation? What about the 200 million man army and Armageddon? What about the Belt and Road Initiative and end time Babylon the Great? A related sermon is also available: China’s biblical past and prophetic actions. Watch also China’s Silk Road and Babylon the Great.
Asia in Prophecy What is Ahead for Asia? Who are the “Kings of the East”? What will happen to nearly all the Chinese, Russians, Indians, and others of Asia? China in prophecy, where? Who has the 200,000,000 man army related to Armageddon? Two YouTube video are Is China THE Threat to the United States of America? and China: A King of the East.
The Eurasian Union, the Kings of the East, and Bible Prophecy Is there a Eurasian union that will be formed? Are any leaders working on that in the 21st century? Does the Bible teach that there will be a Eurasian union? What about the Eurasian Economic Union (EAEU)? A related video would be Is The Eurasian Union Rising?
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World War III: Steps in Progress Are there surprising actions going on now that are leading to WWIII? Might a nuclear attack be expected? Does the Bible promise protection to all or only some Christians? How can you be part of those that will be protected? A related video would be Is World War III About to Begin? Can You Escape?
Will the Interfaith Movement Lead to Peace or Sudden Destruction? Is the interfaith movement going to lead to lasting peace or is it warned against? A video sermon of related interest is: Will the Interfaith Movement lead to World War III? and a video sermon is also available: Do You Know That Babylon is Forming?
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Who is the King of the North? Is there one? Do biblical and Roman Catholic prophecies for the Great Monarch point to the same leader? Should he be followed? Who will be the King of the North discussed in Daniel 11? Is a nuclear attack prophesied to happen to the English-speaking peoples of the United States, Great Britain, Canada, Australia, and New Zealand? When do the 1335 days, 1290 days, and 1260 days (the time, times, and half a time) of Daniel 12 begin? When does the Bible show that economic collapse will affect the United States? In the Spanish language check out ¿Quién es el Rey del Norte? Here is a link to a video titled: The Future King of the North.
Does God Have a 6,000 Year Plan? What Year Does the 6,000 Years End? Was a 6000 year time allowed for humans to rule followed by a literal thousand year reign of Christ on Earth taught by the early Christians? Does God have 7,000 year plan? What year may the six thousand years of human rule end? When will Jesus return? 2027 or 20xx? There is also a video titled 6000 Years: When will God’s Kingdom Come? Here is a link to the article in Spanish: ¿Tiene Dios un plan de 6,000 años?
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Trump Presidency Magic 8 Ball or Bible Prophecy? BBC reported that one might as well use a ‘Magic Eight-Ball’ to try to predict what will happen in the remaining time of Donald Trump’s presidency. What is a ‘Magic Eight-Ball’? Dr. Thiel not only explains that, but also briefly goes over 10 biblically-based warnings he wrote would happen if Donald Trump were elected that have already began to come to pass. He also goes over something he wrote back in 2008 that the Trump presidency is also helping lead to fulfillment. Should you trust Bible prophecy or not? Dr. Thiel says that Bible prophecy can be trusted, despite the view of skeptics and others that either overlook or despise the Bible. This is a video.
Donald Trump and America’s Apocalypse This 188 page book is for people truly interested in prophecies related to Donald Trump and the United States, including learning about several that have already been fulfilled and those that will be fulfilled in the future. The physical book can be purchased at Amazon for $12.99 from the following link: Donald Trump and America’s Apocalypse.
Donald Trump and America’s Apocalypse-Kindle Edition This electronic version of the 188 page print edition is available for only US$3.99. And you do not need an actual Kindle device to read it. Why? Amazon will allow you to download it to almost any device: Please click HERE to download one of Amazon s Free Reader Apps. After you go to for your free Kindle reader and then go to Donald Trump and America’s Apocalypse-Kindle Edition.
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