Nevadans cheer Trump’s China-bashing even as nation buoys state

(From Bloomberg)

Republican presidential candidates led by Donald Trump are drawing cheers in Nevada by bashing China’s policies, even as that nation’s tourism, trade and investment help lift the state from the worst economic decline in the U.S. When Trump took the stage at rallies in Las Vegas and Reno recently, crowds roared as the real-estate mogul and reality-show star accused China of currency manipulation and one-sided trade policies. While rhetoric blaming China for the decline of the American middle class plays well on the campaign trail, it belies the reality of the interconnected economies of the U.S. and China, where even states like Nevada that lack seaports have grown increasingly dependent on global trade and investment. … Read more

Chinese gamblers in Las Vegas casino

Chinese gamblers in Las Vegas casino

Categories: Asia Unhedged, China

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