{"id":14684,"date":"2025-04-09T18:38:21","date_gmt":"2025-04-09T18:38:21","guid":{"rendered":"https:\/\/zennihost.com\/test\/2025\/04\/09\/tarifa-te-zhurmshme-por-strategji-te-heshtur-si-po-e-minon-fshehurazi-kina-ameriken\/"},"modified":"2025-04-09T18:38:21","modified_gmt":"2025-04-09T18:38:21","slug":"tarifa-te-zhurmshme-por-strategji-te-heshtur-si-po-e-minon-fshehurazi-kina-ameriken","status":"publish","type":"post","link":"https:\/\/zennihost.com\/test\/2025\/04\/09\/tarifa-te-zhurmshme-por-strategji-te-heshtur-si-po-e-minon-fshehurazi-kina-ameriken\/","title":{"rendered":"Tarifa t\u00eb zhurmshme por strategji t\u00eb heshtur: Si po e minon fshehurazi Kina-Amerik\u00ebn"},"content":{"rendered":"<p>Tregjet financiare ndodhen n\u00eb nj\u00eb periudh\u00eb paq\u00ebndrueshm\u00ebrie t\u00eb thell\u00eb. Nj\u00eb val\u00eb shitjesh t\u00eb m\u00ebdha t\u00eb obligacioneve amerikane, t\u00eb quajtura \u201cThesare\u201d, po godet jo vet\u00ebm SHBA-n\u00eb, por indirekt edhe tregjet e Azis\u00eb dhe Europ\u00ebs. N\u00eb qend\u00ebr t\u00eb k\u00ebsaj tronditjeje q\u00ebndron nj\u00eb lojtar i vet\u00ebm, Kina.<\/p>\n<p>Nd\u00ebrsa lufta tregtare me SHBA-n\u00eb e drejtuar nga Donald Trump ka plasur haptazi, prej disa jav\u00ebsh, Pekini ka nisur nj\u00eb t\u00ebrheqje t\u00eb heshtur por t\u00eb qart\u00eb nga zot\u00ebrimet n\u00eb Thesarin Amerikan dhe kjo l\u00ebvizje po shkund themelet e sistemit financiar nd\u00ebrkomb\u00ebtar.<\/p>\n<p>Dikur zot\u00ebruesja m\u00eb e madhe e borxhit amerikan n\u00eb bot\u00eb, Kina ka ulur pjes\u00ebn e saj nga 30% e borxhit t\u00eb huaj amerikan n\u00eb 2011, n\u00eb vet\u00ebm 12% sot. Dhe gjat\u00eb jav\u00ebve t\u00eb fundit, nga tensionet e larta mes administrat\u00ebs Trump dhe Pekinit p\u00ebr tarifat, kjo t\u00ebrheqje \u00ebsht\u00eb p\u00ebrshpejtuar.<\/p>\n<p><strong><em>Lexo m\u00eb tej:\u00a0<a href=\"https:\/\/lapsi.al\/2025\/04\/08\/lufta-tregtare-shba-kine-pershkallezohet-trump-kercenon-kina-nuk-terhiqet\/\">Lufta tregtare SHBA-Kin\u00eb p\u00ebrshkall\u00ebzohet: Trump k\u00ebrc\u00ebnon, Kina nuk t\u00ebrhiqet<\/a>\u00a0<\/em><\/strong><\/p>\n<p>Sipas Bloomberg, burime nga tregu raportojn\u00eb se Banka Popullore e Kin\u00ebs (PBOC) u ka k\u00ebrkuar bankave shtet\u00ebrore t\u00eb ndalojn\u00eb blerjet n\u00eb dollar. Kjo p\u00ebrkthehet si nj\u00eb paralajm\u00ebrim se m\u00eb shum\u00eb shitje t\u00eb Thesar\u00ebve amerikan\u00eb po vijn\u00eb.<\/p>\n<p>Kur SHBA shet borxhe (Thesare), ajo i p\u00ebrdor ato para p\u00ebr t\u00eb financuar shpenzimet publike. Por kur bler\u00ebsit m\u00eb t\u00eb m\u00ebdhenj si Kina t\u00ebrhiqen, SHBA \u00ebsht\u00eb e detyruar t\u00eb ofroj\u00eb interesa m\u00eb t\u00eb larta p\u00ebr t\u00eb gjetur investitor\u00eb t\u00eb rinj.<\/p>\n<p>Problemi \u00ebsht\u00eb se deficiti buxhetor amerikan \u00ebsht\u00eb gjithmon\u00eb e m\u00eb i madh. K\u00ebt\u00eb vit parashikohet t\u00eb kaloj\u00eb 10% t\u00eb PBB-s\u00eb k\u00ebt\u00eb vit.<\/p>\n<p>N\u00eb k\u00ebt\u00eb situat\u00eb, largimi i Kin\u00ebs rrezikon rritje t\u00eb shpenzimeve p\u00ebr borxhin, presion mbi Rezerv\u00ebn Federale (Bank\u00ebn Q\u00ebndrore) p\u00ebr t\u00eb nd\u00ebrhyr\u00eb dhe tregje m\u00eb t\u00eb paq\u00ebndrueshme (me m\u00eb pak besim te dollari).<\/p>\n<p><em>\u201cKur Kina t\u00ebshtin, tregu i Thesarit ftohet,\u201d<\/em>\u00a0tha Nour Al Ali nga Macro Markets.<\/p>\n<p><strong>Cilat jan\u00eb motivet e Kin\u00ebs?<\/strong><\/p>\n<p>Kjo nuk \u00ebsht\u00eb thjesht nj\u00eb l\u00ebvizje financiare. \u00cbsht\u00eb nj\u00eb manov\u00ebr strategjike me disa objektiva. Nj\u00eb prej tyre \u00ebsht\u00eb diversifikimi, sepse Kina nuk d\u00ebshiron t\u00eb mbaj\u00eb m\u00eb shum\u00eb dollar\u00eb se sa duhet, sepse rreziku i sanksioneve amerikane \u00ebsht\u00eb real.<\/p>\n<p>Gjithashtu objektiv tjet\u00ebr \u00ebsht\u00eb stabiliteti i brendsh\u00ebm. P\u00ebrball\u00eb nj\u00eb krize n\u00eb sektorin e pasurive t\u00eb paluajtshme dhe daljeve t\u00eb kapitalit, Pekini d\u00ebshiron t\u00eb mb\u00ebshtes\u00eb monedh\u00ebn e vet (yuan-in) duke ulur rezervat n\u00eb dollar.<\/p>\n<p>Pastaj vjen edhe presioni politik. N\u00eb sfondin e tensioneve p\u00ebr Tajvanin dhe tarifave t\u00eb Trump, kjo \u00ebsht\u00eb edhe nj\u00eb form\u00eb presioni mbi SHBA-n\u00eb.<\/p>\n<p><strong>Efekti domino n\u00eb tregjet globale<\/strong><\/p>\n<p>Shitja e Thesarit amerikan ka pasur ndikim t\u00eb menj\u00ebhersh\u00ebm. Rendimentet (interesat) e borxhit n\u00eb Japoni dhe Australi jan\u00eb rritur ndjesh\u00ebm.<\/p>\n<p>Dollari \u00ebsht\u00eb dob\u00ebsuar, edhe pse teorikisht duhej t\u00eb forcohej kur rriten interesat. Kjo sugjeron se besimi n\u00eb dollar si streh\u00eb e sigurt po l\u00ebkundet.<\/p>\n<p><em>\u201cN\u00ebse Kina po largohet, t\u00eb tjer\u00ebt mund ta ndjekin,\u201d<\/em>\u00a0paralajm\u00ebron Conor Cooper i Macro Squawk.\u00a0<em>\u201cDominanca e dollarit varet nga besimi i t\u00eb huajve. Dhe ky besim po g\u00ebrryhet.\u201d\u00a0<\/em><\/p>\n<p><strong>\u00c7far\u00eb pritet t\u00eb ndodh\u00eb m\u00eb tej?<\/strong><\/p>\n<p>SHBA duhet t\u00eb ruaj\u00eb nj\u00eb balanc\u00eb shum\u00eb t\u00eb rrezikshme. Mund\u00ebsit\u00eb jan\u00eb q\u00eb Rezerva Federale t\u00eb nd\u00ebrhyj\u00eb p\u00ebr t\u00eb bler\u00eb borxhin vet\u00eb (si n\u00eb kriz\u00ebn e 2020).<\/p>\n<p>Kina mund t\u00eb shes\u00eb m\u00eb shum\u00eb Thesare dhe t\u00eb zhvendoset drejt arrit, valutave alternative ose mallrave. Thesari amerikan mund t\u00eb detyrohet t\u00eb mb\u00ebshtetet m\u00eb shum\u00eb te bler\u00ebsit e brendsh\u00ebm, gj\u00eb q\u00eb nxit interesa m\u00eb t\u00eb larta dhe ngadal\u00ebson rritjen ekonomike.<\/p>\n<p>N\u00eb fund t\u00eb dit\u00ebs, ky \u00ebsht\u00eb nj\u00eb moment historik. Tregu i Thesarit amerikan po kalon nj\u00eb test ekzistencial.<\/p>\n<p>T\u00ebrheqja e Kin\u00ebs mund t\u00eb ndryshoj\u00eb balancat e fuqis\u00eb ekonomike globale dhe t\u00eb sjell\u00eb nj\u00eb bot\u00eb ku dollari nuk \u00ebsht\u00eb m\u00eb mbreti i padiskutuesh\u00ebm i financave bot\u00ebrore.<\/p>\n<p>P\u00ebrgatiti <strong>\u00a9LAPSI.AL\u00a0<\/strong><\/p>\n<p>The post <a href=\"https:\/\/lapsi.al\/2025\/04\/09\/tarifa-te-zhurmshme-por-strategji-te-heshtur-si-po-e-minon-fshehurazi-kina-ameriken\/\">Tarifa t\u00eb zhurmshme por strategji t\u00eb heshtur: Si po e minon fshehurazi Kina-Amerik\u00ebn<\/a> appeared first on <a href=\"https:\/\/lapsi.al\/\">Lapsi.al<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"<p>Tregjet financiare ndodhen n\u00eb nj\u00eb periudh\u00eb paq\u00ebndrueshm\u00ebrie t\u00eb thell\u00eb. Nj\u00eb val\u00eb shitjesh t\u00eb m\u00ebdha t\u00eb obligacioneve amerikane, t\u00eb quajtura \u201cThesare\u201d, po godet jo vet\u00ebm SHBA-n\u00eb, por indirekt edhe tregjet e Azis\u00eb dhe Europ\u00ebs. N\u00eb qend\u00ebr t\u00eb k\u00ebsaj tronditjeje q\u00ebndron nj\u00eb lojtar i vet\u00ebm, Kina. Nd\u00ebrsa lufta tregtare me SHBA-n\u00eb e drejtuar nga Donald Trump ka [&hellip;]<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-14684","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/zennihost.com\/test\/wp-json\/wp\/v2\/posts\/14684","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/zennihost.com\/test\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/zennihost.com\/test\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/zennihost.com\/test\/wp-json\/wp\/v2\/comments?post=14684"}],"version-history":[{"count":0,"href":"https:\/\/zennihost.com\/test\/wp-json\/wp\/v2\/posts\/14684\/revisions"}],"wp:attachment":[{"href":"https:\/\/zennihost.com\/test\/wp-json\/wp\/v2\/media?parent=14684"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/zennihost.com\/test\/wp-json\/wp\/v2\/categories?post=14684"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/zennihost.com\/test\/wp-json\/wp\/v2\/tags?post=14684"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}