China responds to the U.S.: 'there will be dialogue, but these are our conditions'
China has responded to the United States regarding trade negotiations, confirming that there will be dialogue, but under specific conditions of mutual respect and fair consultation. This response follows China's accusations that the U.S. has imposed unilateral and unreasonable tariffs that have negatively affected bilateral relations and global economic recovery. High-level meetings have been scheduled in Switzerland to address these issues. China insists that the U.S. must recognize the negative consequences of its tariff measures and adhere to international trade norms.
Meanwhile, the global financial landscape is experiencing significant movements that could affect Bitcoin. The injection of one trillion yuan by China into its economy is considered a boost to global liquidity, which historically benefits Bitcoin.
According to market analyst David Battaglia, Bitcoin is very sensitive to increases in liquidity, as excess money tends to flow into high-yield potential assets, such as Bitcoin, due to its scarcity. Battaglia and Juan Villaverde suggest that the increase in global liquidity and ongoing trade tensions could drive the price of Bitcoin, potentially reaching $150,000 if a trade agreement is reached between China and the U.S.
While trade tensions create volatility, they reinforce Bitcoin's status as a safe-haven asset. Overall, it suggests that macroeconomic factors, including monetary policies and international trade dynamics, are crucial in shaping Bitcoin's market performance.