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Abstract:Is the decision of the People's Bank of China to cut interest rates a desperate move in response to the real estate crisis? What has happened to the U.S.-China economic relations? When will the global interest rate hike cycle come to an end? Wiki Finance EXPO Asia 2022 is going to explain why China has chosen to be the “lonely warrior” in the global wave of interest rate hikes!
WikiFX is going to hold a two-day “Wiki Finance EXPO Asia 2022” at AsiaWorld-Expo on December 16-17, 2022, from 9am to 6 pm.
As the world's largest financial expo for enterprises and end users, WikiExpo is going to be held in Asia for the 7th time. The expo is attracting a number of participants - there are over 1,500 exhibitors, and hundreds of world-renowned analysts and KOLs will provide the audience with in-depth and insightful analysis and share useful strategies that will help you unlock your wealth potential!
The global economy is facing the risk of “stagflation” due to the current surge in global inflation, financial market turmoil and the ongoing chaos in the world landscape triggered by the Russia-Ukraine conflict. Global central banks have entered into a full-scale interest rate hike - the Federal Reserve has raised interest rates by a cumulative 300 basis points so far this year, the Bank of Korea has raised rates five times in a row for the first time in its history, and the European Central Bank has started to raise rates for the first time in over 10 years. However, the People's Bank of China has chosen to cut interest rates in a “reverse direction”, becoming a “lonely warrior” in the wave of global interest rate hikes. Is this a desperate move in response to the real estate crisis? What has happened to the economic relations between China and the United States? When will the global interest rate hike cycle come to an end? Experts and authorities attending this expo will explain the truth behind the situation for you!
Disclaimer:
The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.
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