Presidents Joe Biden and Xi Jinping spoke by phone recently. The US and China have many differences but one problem they have in common is that of systemic risk crystallising in their financial sectors. Photo: AFP Presidents Joe Biden and Xi Jinping spoke by phone recently. The US and China have many differences but one problem they have in common is that of systemic risk crystallising in their financial sectors. Photo: AFP
Presidents Joe Biden and Xi Jinping spoke by phone recently. The US and China have many differences but one problem they have in common is that of systemic risk crystallising in their financial sectors. Photo: AFP
Anthony Rowley
Opinion

Opinion

Macroscope by Anthony Rowley

US-China relations: two economies linked by financial risk can’t afford to go to war

  • The interconnected fates of the US and China have become apparent from recent exchanges between George Soros and BlackRock
  • Financial markets in the US and China have perhaps never looked so fragile, and that is never a good position from which to start a conflict

Presidents Joe Biden and Xi Jinping spoke by phone recently. The US and China have many differences but one problem they have in common is that of systemic risk crystallising in their financial sectors. Photo: AFP Presidents Joe Biden and Xi Jinping spoke by phone recently. The US and China have many differences but one problem they have in common is that of systemic risk crystallising in their financial sectors. Photo: AFP
Presidents Joe Biden and Xi Jinping spoke by phone recently. The US and China have many differences but one problem they have in common is that of systemic risk crystallising in their financial sectors. Photo: AFP
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