Reporterfy Media & Travel, Released on 3/26/23

China could potentially play a role in the US economy if they decide to invest in or offer financial assistance to the US government or American companies. China is one of the largest holders of US debt and has significant financial resources that could be used to help support the US economy. However, any decision by China to provide aid to the US would likely be motivated by a variety of factors, including economic considerations, political considerations, and the state of US-China relations. It is also worth noting that any such assistance from China could come with strings attached, such as demands for increased access to the US market or other concessions. Ultimately, the relationship between the US and China is complex, and it is difficult to predict how it will play out in the context of the US economy. It will likely depend on a variety of factors, including the actions of both governments and the broader global economic environment.

Peter Schiff is an internationally recognized economist specializing in the foreign equity, currency and gold markets. Mr. Schiff made his name as President and Chief Global Strategist of Euro Pacific Capital. He frequently delivers lectures at major economic and investment conferences, and is quoted often in the print media, including the Wall Street Journal, New York Times, Barron’s, BusinessWeek, Time and Fortune. His broadcast credits include regular guest appearances on CNBC, Fox Business, CNN, MSNBC, and Fox News Channel, as well as hosting his own weekly radio show, Wall Street Unspun. He’s also the author of the bestselling books: Crash Proof 2.0, The Little Book of Bull Moves in Bear Markets:, and The Real Crash: America’s Coming Bankruptcy – How to Save Yourself and Your Country.

  china, financial crisis