IMO: China 🇨🇳 showing their real issue, Monetary Policy.
This was never about a trade war or tariffs.
China chose Silver 100 years ago - the world went to Gold. China lost 30% of their purchasing power and have been playing catch up for 100 years.
In 2019 the Trade War started and China has been accumulating gold since 1933.
Their play is to challenge the US Dollar as global reserve currency with gold through a gold backed Yuan.
However the US has found Bitcoin which they are pushing as the next reserve and global Monetary System via the digital dollar, the dollar backed stable coin.
China is fighting for the old system of gold. They banned Bitcoin 22 times and pushed Bitcoin mining out.
China made the same mistake as they made with Silver. They are behind again due to being a closed loop country.
This is what’s going on people.
China wants a gold backed reserve currency.
US wants a Bitcoin backed reserve currency.
Tariffs are the spark to expose this and now you know.
Don’t f this up. It’s going down right now. Prepared?