Wednesday, February 15, 2017

Trump Twitter and China

 A reference to Donald Trump at this time seems inevitable.  Whatever you might think about him he is excellent news material. 








You may know that he is an avid Twitter user but you may not know the following facts about his Twitter usage: 

Donald Trump tweets 8 times a day on average. 

He has 19 million followers, but interestingly, he only follows 45 people him

The impending likelihood of BREXIT will change some of the ways taxes are reported and processed and it will throw up some planning opportunities as well.  I am researching these things as time goes on and will report them to you. 

TRUMP AND CHINA

Donald Trump is very vocal about his theories on the role of China in the world, from currency manipulator (this could be true to be fair to him), to climate change conspiracy theorists. 

However, one thing is true and that is that China is going to continue to be one of the fastest growing economies in the world in the next 10 years.  They recently reported that their GDP growth had 'slowed' to 6.7% in the last quarter of 2016.  

So with this in mind, let's put Donald Trump's proposed spending plans for the USA in perspective.  He has promised to spend $1 trillion on infrastructure during the term of this presidency  


China, by comparison, is intending on spending $1 trillion on infrastructure spending in the next 8 months. 

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