The US Federal Reserve’s holdings of Treasury securities have increased by $2.3 trillion in the year to March 2021. Photo: TNS
The US Federal Reserve’s holdings of Treasury securities have increased by $2.3 trillion in the year to March 2021. Photo: TNS
Zhang Lin
Opinion

Opinion

Zhang Lin

Coronavirus stimulus: is the US or Chinese approach more dangerous?

  • China and the United States have taken very different fiscal and monetary stimulus approaches to tackling the coronavirus pandemic
  • US stimulus may lead to strong economic fluctuations in 2021-22, while China’s strategy may cause a lower growth rate in 2022 and beyond

The US Federal Reserve’s holdings of Treasury securities have increased by $2.3 trillion in the year to March 2021. Photo: TNS
The US Federal Reserve’s holdings of Treasury securities have increased by $2.3 trillion in the year to March 2021. Photo: TNS
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