Which of the following
choices is the best when you do business with your trading partner?
(1) I win big you win
small.
(2) We win equally.
(3) I win you lose.
(4) I lose small you lose
big.
(5) We lose equally.
The answer really depends
on your attitude.
I would like to interpret
the positions of the US and China in their current trade tensions as follows:
(1) is the current
position China has been in with the US as her trading partner. But the US is
not happy and Trump, the US President, thinks that China is in (3). Trump is
now trying to upend the status quo and put the US in (2) by imposing tariff on
Chinese imports worth US$200 billion. China has no choice but to retaliate so
as to reach (4) ultimately if the US proceeds with raising the tariff. The trade
tensions have impacted on the world economy and we are all in (5).
Am I correct in the
interpretation? It is not really important to me.
I must be able to guess
correctly the timing of the trough for my perfect entry point. My sizable war chest
is on standby to seize the opportunity when it presents itself.
Superphang
Superphang
