China and the United States have been competing in the financial field. Originally, when the Federal Reserve decided to lower interest rates, everyone thought that the financial war was over. However, the United States seems to want to continue the fight.

The U.S. Census Bureau previously said that their employment data was wrong and needed to be reduced by 818,000 people. This news surprised economists around the world. Because U.S. employment data usually does not change much, if so many people are suddenly reduced, the impact on the economy will be huge.

The U.S. Census Bureau later changed its tune and said that the economy was actually doing well and that interest rates needed to be lowered. The Federal Reserve lowered interest rates on September 18, ending its previous rate hike cycle. It seems that China has won this financial war and the United States has not gained an advantage.

The Chinese government decided to revitalize the stock market. The A-share market began to rise, and many stocks sold well. Foreign investment institutions were also optimistic about China and wanted to invest in the Chinese stock market. This made the Federal Reserve very worried.

On October 4, the U.S. Census Bureau said that the employment data for September was much better than expected. They also revised the data for previous months, as if to make up for previous mistakes. These new data make people feel that the U.S. economy is very strong.

However, once these data came out, everyone felt that the Fed might not need to lower interest rates anymore. Before, everyone thought that the Fed would lower interest rates again in November, but now everyone feels that the possibility has become smaller.

The rise of the Chinese stock market has made the US government very nervous. The US has always said that China's economy is not good, but now that the Chinese stock market has risen so much, it shows that the US strategy has failed.

The former U.S. Treasury Secretary said the Fed may be making a mistake by lowering interest rates. He didn't say anything before, probably because he didn't like how fast the Chinese stock market was rising.

The Fed has not lowered interest rates before, probably to suppress China. But now, they have to lower interest rates.

China's stock market rise has angered the US government, which blames the Federal Reserve for being too aggressive in lowering interest rates. However, this is actually China's own economic strength.

The US Census Bureau revised the employment data to cover up the incompetence of the Federal Reserve. The Federal Reserve spent so much money but still failed to defeat China.

The competition between the United States and China in the financial war actually depends on their respective strengths. The United States cannot win by simply modifying data.

The Chinese government's financial policies caught the Fed off guard. The Fed revised the employment data just to save face before the election, but it cannot change the overall situation.

In general, the United States lost this financial war. The world believes that the United States will lower interest rates, and the only question is how much to lower. China's policies have caused the stock market to rise, which has caused panic in the United States.#economicsdifferences##howto save the economy##howto view economics##howto view economics##economicshot topics# #China-US trade frictions#