The Chinese Stance

 China's stance on the Trump AdministrationTariffs:

https://www.ft.com/content/ca79e423-7c0f-4883-a295-6fe1c73a2819

https://www.ft.com/content/215e505e-3e46-4fbc-9cf6-a9ba0a95afeb

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Chatting with COPILOT:

How large is China's monetary mass compared to that of Canada?

China's monetary mass, specifically the M2 money supply, is significantly larger than that of Canada. As of the end of 2022, China's M2 supply amounted to approximately 292 trillion yuan, which is around 41 trillion U.S. dollars. In comparison, Canada's M2 money supply was around 2.6 trillion Canadian dollars as of October 2024.

This stark difference reflects the larger scale of China's economy and its extensive monetary policies aimed at supporting economic growth and stability.

Define the M2 money suppply for me.

The M2 money supply is a measure of the money supply that includes a broader set of financial assets than the M1 money supply. Specifically, M2 includes:

• M1: This consists of the most liquid forms of money, such as cash and checking deposits.

• Savings deposits: These are accounts that earn interest but are not as easily accessible as checking accounts.

• Time deposits: Also known as certificates of deposit (CDs), these are fixed-term deposits that cannot be withdrawn before a certain period without penalty.

• Money market mutual funds: These are investment funds that invest in short-term, high-quality securities and are considered relatively low-risk.

M2 is used by economists and policymakers to gauge the amount of money available in the economy for spending and investment. It provides a more comprehensive view of the money supply than M1 alone, as it includes assets that can be quickly converted into cash.