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"Fed monetary policy has largely become irrelevant as demand contracts at multiple levels linked to the twin shocks from supply-chain disruption and now the plunge in oil prices," Manish Shah, chief investment officer at Toolbooth Strategy, told China Daily. "Consumers will enjoy lower prices for a while, until the shale gas producers start going out of business and then the banks in Texas feel the pain."
"Ever since the 2008 financial crisis, China has kept its promise that the country will not start a competitive yuan devaluation," said Guan.

"Even though the demand for the consumption of goods from the US is increasing, the spending power is still limited due to the average income of the Chinese consumers, which is about one-tenth in the US," he said.
"Everyone was in the loop. It was no secret," Sondland said in an email he sent to top administration officials before the July 25 telephone call between Trump and Zelenskiy that is the basis of the impeachment inquiry.
"Efficiency, reliability, cost and regulation are the four key factors that will decide if cryptocurrency has the competitive edge to replace traditional currency," said Li Lihui, former president of Bank of China, at in a recent seminar in Beijing.
来源:资阳报