Germany Recession News in Hindi, Economic recession in Germany, America’s default risk, India becomes the hope of the world – germany economy enters recession us default risk fear china japan and india recession probability zero
China started investing in US government debt in the year 2000. During that time America supported China’s inclusion in the World Trade Organization. Due to this there was a huge boom in exports. This gave China a huge amount of dollars and invested it in US government debt. US Treasury bonds are considered the safest investment on earth. At one point, China’s investment in US Treasury bonds reached $1.3 trillion.
China has been the largest foreign lender to the US for more than a decade. However, after tensions erupted during Trump’s reign, China started distancing itself from America. Japan later replaced China. Now both these countries are worried about the danger of America’s default. On one hand, where the world’s top 4 economies are in tension, on the other hand, India, the world’s fifth largest economy, has become a ray of hope for the world. The risk of the Indian economy going into recession is zero. The risk of China going into recession is up to 12.5 percent.