Will Biden’s US$1.9 trillion ‘American Rescue Plan’ be a boon for China, or could excessive liquidity lead to financial trouble?

, , Comments Off on Will Biden’s US$1.9 trillion ‘American Rescue Plan’ be a boon for China, or could excessive liquidity lead to financial trouble?

If approved, the latest US coronavirus stimulus package would pump even more liquidity into the global economy, and much of that could rapidly flow into China, where investment returns are higher.
( read original story …)