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Furious China Moves To Counter "Turmoil In Financial Markets" Caused By "Massive" Biden Stimulus

by Tyler Durden Tuesday, Mar 16, 2021 - 05:45 PM For all of the past decade, it was the US that was fiscally constrained and China had to serve as the worlds debt-fueled growth dynamo (its also why we said that Chinas credit impulse had a far greater impact on the global economy and assets prices than even the Feds QE whose size and scope is tiny in comparison to the trillions in new loans created by China every year). Well, welcome to upside down 2021 when the script has been flipped, and wit...
United States Hong Kong Zhang Bin Zhang Xiaohui Joe Biden People Bank

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