The war fighting against the global economic terror raises the grave concern of the countries deeply involved with the den of thieves and the hub of counterfeit, actually, Asia’s region has been influenced China from many decades ago. After China communist joined the free market and cornered the global economy and finance, actually, the innocent national leaders as Prime Minister, President neglected the policy by putting the trade ties and free trade agreement above the fair trade. Now China’s growth from the hostile countries helped and threatening the world. Now, the critical mistake to be paid the consequences.
President Donald Trump has launched the Intercontinental Ballistic TARIFFS Missile over China’s mainland that affects tens of million jobs in the export sector and also devalues Yuan’s currency. Certainly, the US dollar is the most credible currency on the planet while China’s currency couldn’t meet the trust. President Donald Trump proved the potential commander in chief from the military to economic field, the offshore enemies declined and the domestic thuggeries plus the left media expose a negative reaction.
The Intercontinental Ballistic Tariffs Missile increases the power to impose the tariffs reach to $USD 200 billion on China products from 10% to 25% in September 2018. China reacts that is like all kind of insect struck by the insecticide’s stuff, Beijing retaliates the tariffs $USD 60 billion on the US goods. On another hand, China shows the weak when Foreign Minister Wang Yi met the Association of South-East Asia Nation (ASEAN) in Singapore, he urges the US” calm down”. It is the character of communist when they face the adversity, the smooth voice replaces the brazen attitude, but when communist got back the upper hand, they forward to destroy the enemy without pity. Nevertheless, President Donald Trump imposed the tariffs on China items imported to the US, it reached $USD 500 billion.
The currency Yuan lost valuation affected the nations in Asia as Malaysia, Vietnam, Thailand, and Indonesia. Those countries have been panicked, almost, the financial firms in Asia involved China currency, so the worst consequence is inevitable. Nevertheless, Vietnam communist regime is a close vassal of China, Hanoi regime provided the sand for great master China built the illegally artificial islands and militarized into the disputed waters at Indo-Pacific. Despite Vietnam has polymer currency” Đồng” but Vietnam deeply depends on China’s economy and finance. The panic station of Vietnam appears on the grave concern of Dr. Lê Đăng Doanh who is the top economist of Vietnam communist, but he is a puppet and also an economic parrot of Hanoi, he has to talk within the frame of” socialism”, if not, he would be purged or jailed. Dr. Doanh said:” For Vietnam, the single biggest concern about this trade war is the depreciation of the Chinese yuan” and his worry is also Hanoi regime appalls, he told:” Some have said Vietnam could benefit from some supply-chain shifts from China to Vietnam. That will take a long time … but the impact from the Yuan devaluation is immediate”. The Vietnamese people quotes about communist regime:” eating is like a prisoner, accommodation is like a monk and talking is like a national leader”, so the position of Dr. Lê Đăng Doanh couldn’t except the common rule of Vietcong regime. Certainly, Vietnam Communist party falters when its great master engaging the difficulty, so the henchman’s staff of Vietnam Communist party fears the doom day will come when China will not cover the finance and Vietnamese people will stand up to remove the domestic thug has ruled the country long time.
Thailand has been affected when China’s tourist dropped, actually, recently, the deadly boating accident in Phuket killed 50 people, but 47 victims are a Chinese citizen. Singapore, Malaysia, and Indonesia couldn’t avoid the same problem as the countries had the trade ties and free trade agreement with China. Almost, the Asia countries falter and panic when China’s economy is unstable and Yuan devalued that will lose at least 12% to adjust the new tariffs of the US. Now one US dollar equals 6.8 Yuan and in future predicts 7.2 Yuan balances one US dollar. The nations involved deeply with China will affect, it is the time to get out the crossfire as soon as possible. Even though Australia has been faced with the problem, under the Labor Prime Minister Kevin Rudd, Reserve Bank of Australia signed the bilateral currency swap agreement with the People’s Bank of China (PBC) in 2012 that is worth $AUD 40 billion or 200 billion Yuan, so Australia’s dollar struggles under 0.75 cent compared with one US dollar.
Europe faces the same situation, actually Germany, France and the others, certainly, European Union has not happy with the new tariffs imposed China’s products, actually, President Donald Trump knew Europe backed China’s growth from many decades. The war fighting against the global economic terror has begun, in the long term, China will face from the bad to worst, nevertheless, the red dynasty fears the high unemployment rate that could cause the changed regime in the mainland ./.
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