this post was submitted on 11 Apr 2025
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Global News

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Chinese leader Xi Jinping has said his nation is “not afraid” in his first public comments on the escalating trade war with the US that has tanked international markets and fueled fears of a global recession.

Archived version: https://archive.is/newest/https://edition.cnn.com/2025/04/11/china/china-xi-jinping-first-comment-trade-war-us-intl-hnk


Disclaimer: The article linked is from a single source with a single perspective. Make sure to cross-check information against multiple sources to get a comprehensive view on the situation.

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[–] [email protected] 14 points 1 week ago

Why would they be? US is shooting itself in the foot with these sanctions and tariffs.

[–] [email protected] 9 points 1 week ago (3 children)

Why should they be? 2008 financial crisis? China unaffected. COVID? Nope, unaffected. The state run economy is inherently stable because of regulation. I'm not saying that death penalty for bankers that rip off the public is the way to go, but China has a point

[–] [email protected] 14 points 1 week ago (1 children)

I'm not saying that death penalty for bankers that rip off the public is the way to go

Let them cook

[–] [email protected] 10 points 1 week ago

I'll say it if you won't.

[–] HobbitFoot 1 points 1 week ago* (last edited 1 week ago)

China's economy was very affected by Covid and the growth of China's economy has been projected to slow as China can't rely on its construction sector to continue to supply growth.

That said, China has been preparing for some form of trade war with the USA for a while, so they probably have something planned for this and can now blame any lack of growth on the USA to its citizens.

[–] [email protected] 6 points 1 week ago (1 children)

If I saw a guy at the bus stop hitting himself in the head with a hammer I'd be kind of afraid.

[–] [email protected] 3 points 1 week ago

But at the same time it is kinda hilarious