Chapter 401



The calls for China to be a threat have become a clamorous stream of consciousness in America, and America has started a new round of trade and financial wars, following the exact same approach used against Japan in the past.

The emergence of the virtual world further fueled the real estate bubble in first-tier cities with bio-communication networks.

American Capital, in line with various government accounting regulations, has been strictly demanding that Chinese companies listed in the US disclose their accounting data, and has been selling off Chinese stocks on a large scale for two consecutive years.

There's no need to develop tools for shorting the Chinese stock market, because the best companies in China are listed in America and Hong Kong.

Economic trends, such as the support of trade surplus for the RMB and the trillions of yuan of foreign investment entering China's bond market over the years, have all contributed to the appreciation of the RMB.

The emergence of the virtual world coincided with the decline of Chinese concept stocks.

China's stock and real estate markets were simultaneously targeted by both China and the United States.

America went with the flow.

Foreign capital has entered trillions of yuan into the short-term capital market.

China began counter-cyclical operations ahead of the Federal Reserve's imminent tightening, implementing an easing stimulus policy.

The plunge in Chinese concept stocks was accompanied by a sharp drop in the Hang Seng Index.

American hedge funds can not only sell Chinese concept stocks, but also indices.

Along with the collapse of valuation bubbles, this wave of global stock market crashes was also accompanied by sudden wars, leading to a global stock market slump and both Hong Kong and A-shares entering a bear market.

And the short sellers have only just begun.

In an effort to curb inflation, the Federal Reserve has tightened monetary policy aggressively and raised interest rates multiple times.

The US dollar index and US Treasury yields surged, the yield spread between long-term and short-term bonds inverted, and the interest rate differential between China and the US disappeared.

The RMB continues to depreciate.

The central bank not only strongly controls capital outflows, but also begins to tighten monetary policy and raise interest rates.

The real estate bubble in first- and second-tier cities has begun to burst.

The stock market continues its bear market.

The war effort was a victory.

The Europa League completely eliminated the threat from the north.

Of course, Europe also did not escape the fate of being cut down.

The world has returned to a relatively stable state.

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