Trump Effect Hits China=> Chinese Paper Calls for Tax Cuts to Emulate PEOTUS TRUMP
The Trump Effect is spreading… Even to Chi-na.
Democrats, the liberal media and globalist elites may reject Trump’s populist message but the people and economies around the world are taking a second look at PEOTUS Donald Trump.
Top Chinese economist calls on government to be like Trump and cut business taxes.
It’s time for the Chinese leadership to heed concerns of private sector, argues Wang Xiangwei.
The unorthodox foreign policy views of incoming US president Donald Trump may have unsettled Chinese leaders who are still trying to make sense of the billionaire’s true intentions. But the mainland’s obsession with Trump’s presidency is not just about politics or bilateral trade.
His domestic economic agenda, in which he champions tax cuts and deregulation to boost the economy and create jobs, has inadvertently fuelled an already intense debate in China over the state and direction of the Chinese economy.
More specifically, the issue is about how to help the manufacturing industries. Those industries once gained China a reputation as the world’s workshop and helped turn it into the world’s second largest economy, but are now weighed down by suffocating taxes and fees, soaring land prices and other operating costs.
I read this article this morning at the Honk Kong airport.
Trumpism is spreading.
Trump Factor Hits China… got this at Hong Kong airport this morning from Chinese newspaper pic.twitter.com/foDrIGTKuV
— Jim Hoft (@gatewaypundit) December 24, 2016