BABAPDDJDAMZNSPY USA is only 15% of China's exports lmao. Domestic market somewhat matters more for these companies. Asian countries is 50% of China's exports. So will China lose this trade war ??, no but they still lose but not as bad as americans that can't produce locally/too expensive to produce domestically.
BABA Leveraged BAB2 is how I play this last time BABA was near the 200d MA it bounced off it sharply. And now It's near the 200 again, and the MA starts an up slope. Once it bounces I believe BABA will go to 150-175. With the leveraged shares that will be a 3 to 4 fold increase. Disclaimer: Not financial advice, if you do this you might lose all your money. BAB2