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Zero Hedge — Stocks Tumble After Navarro Says “Agreement With China Difficult” Unless Beijing Does Full Trade Overhaul

Summary:
No deal with China. China has already declared that it is not going to submit to US dominance, which is ultimately regime change and the demise of the Chinese Communist Party. Chimerica is effectively over.The question now is who can wait the other out? I would be betting on China.Zero HedgeStocks Tumble After Navarro Says "Agreement With China Difficult" Unless Beijing Does Full Trade Overhaul Tyler Durdenalso at ZHChinese Media Deny WSJ Report About Global Banks Cutting Ties With Huawei See also U.S. officials revealed in August that China had test-fired a hypersonic missile capable of carrying a nuclear warhead and of thwarting missile-defense systems. About two months earlier, China tested the advanced DF-41 intercontinental ballistic missile (ICBM). It has a range of

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No deal with China. China has already declared that it is not going to submit to US dominance, which is ultimately regime change and the demise of the Chinese Communist Party. Chimerica is effectively over.

The question now is who can wait the other out? I would be betting on China.

Zero Hedge
Stocks Tumble After Navarro Says "Agreement With China Difficult" Unless Beijing Does Full Trade Overhaul
Tyler Durden

also at ZH

Chinese Media Deny WSJ Report About Global Banks Cutting Ties With Huawei


See also
  • U.S. officials revealed in August that China had test-fired a hypersonic missile capable of carrying a nuclear warhead and of thwarting missile-defense systems. About two months earlier, China tested the advanced DF-41 intercontinental ballistic missile (ICBM). It has a range of 12,000-15,000 km, and is capable of carrying 10 miniaturized nuclear warheads.
  • China is no doubt assuming that if its ICBMs can reach the United States mainland, they will deter the U.S. from interfering in China's affairs in the South- and East China Seas.
Getting ready for it.

Gatestone Institute
Does China's Nuclear-Capable Hypersonic Missile Threaten U.S. Deterrence?
Debalina Ghoshal

Mike Norman
Mike Norman is an economist and veteran trader whose career has spanned over 30 years on Wall Street. He is a former member and trader on the CME, NYMEX, COMEX and NYFE and he managed money for one of the largest hedge funds and ran a prop trading desk for Credit Suisse.

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