News: 2024.04.17
In the years of the trade war, China has found ways to sidestep U.S. restrictions on its economy — from restrictions on the latest mobile phone chips to sanctions on Iranian oil. But even Beijing cannot easily escape the Fed's gravitational pull.
As the world's second largest economy, China's economic activities have a huge influence on the global economy. However, various restrictive measures by the United States have caused China to face many challenges in the economic field.
Although the Chinese government has taken a series of response measures, including strengthening the opening of the domestic market and expanding foreign trade, the influence of the Federal Reserve cannot be ignored.
As the central bank of the United States, the Federal Reserve has an important influence on global financial markets. Its monetary policy and interest rate decisions directly affect the operation of the global economy.
Therefore, although China can avoid some economic restrictions from the United States, it cannot avoid the gravity of the Federal Reserve. China needs to respond cautiously and maintain economic stability and sustainable development.