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Trade war sparks fears of China's 'nuclear option'
May 24, 2019

From the Financial Times:

It was an unnerving piece of data for investors last week, buried halfway down an esoteric spreadsheet released by the US government that tracks how many Treasuries foreign investors buy and sell.

China, the largest foreign creditor to the US government with total Treasury holdings in excess of $1.2 trillion, sold $20 billion of securities with a maturity exceeding one year in March, according to US government data. The sales amounted to China's largest retreat from the market in more than two years.

Continue reading at the Financial Times...

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