Xinhua Headlines: Why China stresses common prosperity
HANGZHOU, Oct. 7 (Xinhua) -- In China journey toward its second centenary goal, a future where everyone shares prosperity is envisioned. There is, however, neit
Source: shanghaisun.com
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American Rescue Plan: China moves to counter 'turmoil in financial markets' as policy divergence widens with US
China's central bank is stepping up liquidity support for domestic businesses and increasing its monitoring of cross-border capital flows as concerns persist over the side effects of Washington's massive new
Source: lancasteronline.com
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 world's debt-fueled growth dynamo (it's also why we said that China's credit impulse had a far greater impact on the global economy and assets prices than even the Fed's 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 with China jawboning its desire to slowdown its massive credit injection machine (and even, gasp, d...
Source: zerohedge.com