Hilarious delusion about China falling into a recession because of US tariffs. It is the USA that will fall into a recession.
Funny how inummerate is the author of the piece above. Hwawei's domestic market volume is bigger than Apple's global market volume.
The International Data Corporation (IDC) Worldwide Quarterly Mobile Phone Tracker shows Huawei shipped 206 million smartphones, 105 million in mainland China, accounting for 26.4% of the domestic market last year. Apple placed fifth in the country with 9.1%. By 1Q19, that fell to 7% compared to a 3% share gain for Huawei, according to Counterpoint.
Apple is experiencing an innovation shortage and backlash across China. In 1Q19, iPhone shipments worldwide collapsed to 36.4 million units, a 30.2% decline YoY. Meanwhile, Huawei was the top smartphone manufacturer in the world for the first three months, recording positive growth. It should now make sense to Zero Hedge readers why President Trump and corporate elitists have waged an economic war on China; it's due to a rising China
As with Russia, pompous, hubris-filled western elites and their mouthpieces are deluded that China is some banana republic dependent on
exports. China's biggest market is domestic and it drives its GDP growth. This is rather easy to see since the country has 1.4 billion
people. Its middle class growth potential is enormous and will eclipse the combined middle class of NATO.
Also, as with Russia, NATO hyenas woke up too late to notice the "threat" of growth. These criminally insane idiots will need to
perpetrate a genocide of Russia and China to keep their gravy train of world domination going. Too bad for these maggots that they
will be wiped out at the same time they try to pull any such stunt.
I find it interesting. Why so much hate?