China’s share of U.S. imports just hit its lowest levels since 2003.
Exports from China to the U.S. have also fallen nearly 300 bps from their highs.
Just last week, the U.S. announced bans on investment in some Chinese technology.
It seems that the trade war is silently back. pic.twitter.com/gsU6zaXxUK
— The Kobeissi Letter (@KobeissiLetter) August 13, 2023
US investors face uncertain future in China after tech ban
Private equity and venture capital funds targeted in Biden administration’s crackdownhttps://t.co/QAxOfNkZd2 #GlobalTrade #china #tradewar
🇨🇳https://t.co/1ZSahyyhK4#eb5 https://t.co/SOroaICFY3#PrivateEquity… https://t.co/Ob5rwKnjz8 pic.twitter.com/kotADoxdpC
— Mo Hossain (@MoHossain) August 10, 2023