“Capital flight” takes on a bitterly ironic meaning.
Coming soon to a store near you.
Carrot and Stick. Now a friendly chat among billionaires who presumably see eye-to-eye.
GM’s huge post-bailout investments in China bear fruit.
Threatened Trade War meets the Great Stagnation.
Hence the bloodletting in what’s considered one of the most conservative investments in the world.
“The whole semiconductor industry could collapse.”
The fear of further yuan devaluation.
“Worse than the one following the Global Financial Crisis.”
Hot air keeps hissing out of it.