RJ Schwartz profile image 94

Does China need the US Market more than we need them to buy our bonds?


Through their state sponsored media, the Chinese have been dropping veiled threats at President-Elect Trump due to his speaking with Taiwan and speaking out loud about how they devalue their currency. China only owns about 6.5% of the US debt currently; much less than everyone in government wants the people to think. The belief is that China needs our markets much more than we need their money or anything else. India, a democratic nation, is already gearing up for a possible entry into our markets, replacing Chinese goods if necessary. Is Communist China about to be schooled?

 

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