Tuesday, January 26, 2021

Tag: Beijing May Dump US Treasuries In Response To US Hostility

Beijing May Dump US Treasuries In Response To US Hostility, Start Its Own QE: Chinese Media

from ZeroHedge:

In response to recent media speculation that as the blame game over the origins of the coronavirus pandemic escalates the US may cancel some of its $1.1 trillion debt owed to China, the South China Morning Post reported today that China may “move to reduce its vast holdings of US Treasury securities in the coming months” in response to a resurgence in trade tensions and a war of words between the world’s two largest economies.