May 30, 2019

You were warned ... this is as interesting as it can get

‘Don’t say we didn’t warn you’: A phrase from China signals the trade war could get even worse


KEY POINTS

“We advise the U.S. side not to underestimate the Chinese side’s ability to safeguard its development rights and interests. Don’t say we didn’t warn you!” the People’s Daily said in a commentary titled “United States, don’t underestimate China’s ability to strike back.”

The phrase “Don’t say we didn’t warn you” was only used two other times in history by the People’s Daily — in 1962 before China’s border war with India and ahead of the 1979 China-Vietnam War.

China threatened it would cut off rare earth minerals as a countermeasure in the escalated trade battle. The materials are crucial to the production of iPhones, electric vehicles and advanced precision weapons

Read more at https://www.cnbc.com/2019/05/29/dont-say-we-didnt-warn-you---a-phrase-from-china-signals-the-trade-war-could-get-even-worse.html

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