China has more firepower to boost its economy than the US.

PPI: 9.1%

CPI: 0.9%

China has more firepower to boost its economy than the US because China has low inflation while the US has high inflation.  Thus, China is in a much better position to handle any financial crisis better than the US since China can do quantitative easing but the US can't do it.  The US had printed too much money in the last 2 years to manage the detrimental effects caused by the pandemic but China didn't.