When up is down and down is up.
TRUMP: “China has now had the worst year that they’ve had in 57 years. This is the worst year they’ve had in 57 years. And they want to make a deal.” — speaking to reporters Wednesday in Hurricane Dorian briefing.
TRUMP: “China wants very much to make a deal. We’ll see. They had the worst year in over 50.” — remarks Wednesday at announcement of state opioid response grants.
TRUMP: “China wants very much to make a deal. We’ll see. They had the worst year in over 50.” — remarks Wednesday at announcement of state opioid response grants.
Not even close.
The International Monetary Fund expects the Chinese economy to grow 6.2% this year. Though much faster than the U.S., that’s the slowest in a long time for China — since 1990, or 29 years, in fact.
But it’s a fantasy to suggest the Chinese economy is the worst in a half century or more. In 1962, 57 years ago, the country was an impoverished wasteland recovering from the massive famine caused by Mao Zedong’s radical economic policies.
Source:AP
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