Economy
Economy
“We Shanghainese value our image. We don’t want to lose face in front of the entire world…”
US tourism strategy can be summarized as follows: let’s tax Europeans and other visa-free countries $14 a person to promote the US to countries like China where we make it difficult for Chinese to get a visa. Does this make sense?
China is increasingly showing signs of planning an escape from the US Dollar…from backing the IMF, to buying gold, commodities, and foreign assets.