No, I don't think China is fear-mongering the US economic risk.
This is because China has been deleveraging (monetary tightening) its own financial risks in January 2021 to reduce the impacts of the US economic risks that will spread to the world. China also has not been giving out doles such as multiple free cheques to its citizens.
Moreover, we've detected multiple market distortions in the US markets already.
Therefore, we can see that China is really concerned about the US economic risks and is doing exactly the opposite of US actions. When the US is leveraging and China is deleveraging, the US economic risk will increase because there is an external opposing force that is countering its efficacy.
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