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RSS FeedsChinaīs trade warriors canīt hit Hollywood
(WorldNews Business)

 
 

19 may 2019 14:53:42

 
Chinaīs trade warriors canīt hit Hollywood
(WorldNews Business)
 


China may want to stand tough against Donald Trumpīs trade threats. Itīs going to have a hard time retaliating, though, and not only because it doesnīt import enough goods to match the US president tariff-for-tariff. One obvious target would be the $58.9 billion in services the US exports to China. These include everything from Hollywood blockbusters to tourism and education. In theory, Beijing could easily enough cut off the flow of American entertainment into China and Chinese students and tourists out of the mainland. Indeed, the nationalist editor-in-chief of the Global Times newspaper has already suggested such a strategy. China has some experience with this. After South Korea agreed to...


 
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