Impact: Supply Side and Economy

impact: We didn't expect the China-US trade conflict would move rapidly and that its impact on the global economy could be this profound, according to Global Times China. Even if Huawei had begun preparing for it 10 years ago, its founder Ren Zhengfei would have acknowledged that he didn't expect the impact to be so swift and drastic. When we attempted to define the new normal of China's economy and chose the path to structural reform on the supply side, we failed to consider world economy changes. Everyone seems to be filled with anxiety worldwide after global economic indicators for June were unveiled. They can be interpreted as one question Is the world facing a new round of slowdown or a crisis The first source of anxiety revolves around technology. Would such an anxiety point to a recession on the horizon or a collapse The two words are different, and much talked about in developed markets. (news.financializer.com). As reported in the news.