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US national debt asian news

Janet Yellen - William Pesek - US-China financial stress hotline a well-timed connection - asiatimes.com - China - Usa - Russia - India - South Africa - Brazil - county Gulf - county Jerome - city Powell, county Jerome

US-China financial stress hotline a well-timed connection

The US and China’s agreement to name point people to handle future “financial stress events” in the world’s two biggest economies and beyond could hardly be better timed.

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The Conversation - Spiraling US debt a golden opportunity for China - asiatimes.com - France - China - Usa - Russia - India - South Africa - Brazil

Spiraling US debt a golden opportunity for China

China is gradually establishing itself as a major player in what has recently been called the Global South, previously known as the Non-Aligned Movement. Over the last few decades, China has become the world’s biggest creditor of developing countries. That has prompted many to fear that it will subjugate partners through the “debt trap” and use this to establish a “hegemonic sphere of influence.”

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Xi Jinping - Donald Trump - Joe Biden - William Pesek - US debt moving toward $50 trillion isn’t whole story - asiatimes.com - China - Usa - Washington - city Beijing - city Washington - city Detroit

US debt moving toward $50 trillion isn’t whole story

WASHINGTON – The most disturbing thing about forecasts that the US national debt will hit $50 trillion by 2034 is that the true figure surely will be much bigger.

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Donald Trump - Noah Smith - How inflationary would Trump be? - asiatimes.com - China - Usa

How inflationary would Trump be?

Donald Trump still leads in most polls, and betting markets give him a better than even chance of winning the election this November. So it’s important to think about what his actual policies would be, and how these would affect the outcomes that Americans care about.

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Donald Trump - Joe Biden - William Pesek - Biden, Trump China tariffs draw on old, losing playbook - asiatimes.com - China - Usa - county White

Biden, Trump China tariffs draw on old, losing playbook

As Joe Biden throws down the gauntlet in his bid to defeat Donald Trump, the US president risks repeating one of his predecessor’s biggest blunders.

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