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Anti-hair loss shampoo, the most traditional choice for those suffering from hair loss, also showed potential growth. Industry data showed that in 2018, the market volume of anti-hair loss shampoo reached 1.13 billion yuan, up 15.3 percent on a year-on-year basis. It is estimated that the market will surpass 1.5 billion yuan by 2020, and the young generation is estimated to be the main consumption power.

Another piece of the exposed data is this: “Height, Weight, Gender, Bone Density, Bone Mass, Daily Protein Intake, and other health information for a subset of users.”

Another Chinese carmaker, GAC Group, narrowed sales growth target for 2020 from 8 percent to 3 percent on March 16.

Another witness, Bradley Mattarocci, vice-president of Baby Trend, a California-based child-safety product-maker, also highlighted the negative impact of additional 25 percent tariffs on safe, affordable baby products for US caregivers.

Apparently, Americans want the federal government to buy and give away more than they are willing to pay for via taxes. At a superficial level, it appears as though the US current account and trade deficits are caused by the federal government budget deficits.