The Chinese economy will improve because of the stimulus released by the government. But Western corporations will continue to relocate factories in other parts of the world. Europe will have its own trade conflict with China to stop the halt of Chinese made cars. Europe is panicked right now with all the Chinese cars coming in and jeopardizing Mercedes, Volkswagen, all their big automakers. The Chinese property markets are broken and will still be a mess. (1:24:29–1:24:36)
CLAIM
Asserts that Europe will engage in a trade conflict with China over car imports.
This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.
