Whether to apply China’s financial nuclear weapons against the United States

Whether to apply China’s financial nuclear weapons against the United States

China is the world’s largest foreign holder of US Treasury bonds. If he starts selling them, it could destabilize the financial market and lead to an increase in the cost of loans for Washington. So some call it China’s «nuclear weapon» in a trade war with the US. In March, Beijing for some strange reason sold the most Treasury bonds of 2016.

However, most analysts doubt that he is going to use this weapon.

Dana Tessen

Информационный портал DAGPOLIT.COM - последние новости Казахстана и мира за сегодня, прогноз погоды, курсы валют, законодательство РК

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