35% tax tariffs on China exorts

there are economists who say that the removal of Most Favoured Nation status on all China imports, is equivalent to a 60% tax tariff, and that will be a -7% impact on China's GDP, and RMB has to be devalued in order to cope.

impact on US GDP is -0.8 to -1%.

if this bill passes, it slaps a minimum of 35% on imports.

I have not seen investors factor in geopolitics and demographics into their consideration when they are investing in China stocks, they only look at "value" of the company, there are 2 problems with just looking at "value" proposal:

1. so many financials are faked, how true it is, nobody knows

2. stock performance is not directly related to "value", there are plenty examples of high PE stock soaring and low PE stocks not moving at all.

I have been saying since 2018 don't touch any China companies, if you can take profit and run, this is probably the last chance to do so, if you have businesses in China, you are probably already stuck there, you might have to abandon everything to get out and be safe.

With Cold War 2.0 in full force next year, it will be like a punch to China's gut every month, it's going to be ugly, it's not going to be good for the citizens of China, kinda depressing to think about that, it's going to be very bad in coming years.