China Might Have Nuclear Option In Trade War

China might have nuclear option in trade war

China might have nuclear option in trade war

From markets.businessinsider.com

China may have run a small-scale test of the "nuclear option" in its trade war with the US.

The Asian nation sold $20 billion worth of US Treasurys in March, possibly foreshadowing a total offloading of American government bonds that would plunge global markets into chaos.

China is the biggest foreign holder of US government debt, with more than $1.2 trillion in Treasurys, or about 7% of the entire market.

China might have nuclear option in trade war

The latest sale represents its largest disposal in over two years, according to the Financial Times. While the world's second-largest economy occasionally sells US Treasurys to replenish its reserves or support ...

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