April 7, 2021

The Chinese Economy Overheats, While US Remains On Stimulus.

The Chinese Economy Overheats, While US Remains On Stimulus.

I don't ever recall a time when the world's two largest economies were headed in the opposite direction, as they are now.
 
Yesterday, both Bloomberg and the Financial Times reported that Chinese authorities are requesting that all commercial banks rein...


I don't ever recall a time when the world's two largest economies were headed in the opposite direction, as they are now.

 

Yesterday, both Bloomberg and the Financial Times reported that Chinese authorities are requesting that all commercial banks rein in their lending for the rest of calendar 2021.

 

Acknowledging that loan growth so far this year has been excessive. As the Chinese economy is fully back from any impact of the Corona Virus, early last year.