Angry China bears its teeth

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And they are not nice. Recall the evolving Communist Party of China (CPC) propaganda push outlined by Simon Rabinovitch last week:

Add this from the foghorn:

China does not want a trade war, but it is not afraid of one and will fight one if necessary. The Chinese government has always adhered to this principle faced with the US initiated trade frictions against China. As Washington announced rounds of additional tariffs on Chinese goods, China was forced to take countermeasures.

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About the author
David Llewellyn-Smith is Chief Strategist at the MB Fund and MB Super. David is the founding publisher and editor of MacroBusiness and was the founding publisher and global economy editor of The Diplomat, the Asia Pacific’s leading geo-politics and economics portal. He is also a former gold trader and economic commentator at The Sydney Morning Herald, The Age, the ABC and Business Spectator. He is the co-author of The Great Crash of 2008 with Ross Garnaut and was the editor of the second Garnaut Climate Change Review.