Showing posts with label US treasury bonds. Show all posts
Showing posts with label US treasury bonds. Show all posts
Tuesday, March 1, 2011
Wednesday, August 8, 2007
China threatens 'nuclear option' of dollar sales

UK Telegraph | Ambrose Evans-Pritchard
The Chinese government has begun a concerted campaign of economic threats against the United States, hinting that it may liquidate its vast holding of US treasuries if Washington imposes trade sanctions to force a yuan revaluation.
Blog - Dollar to collapse? Fistful of dollars - China's trade surplus reached $26.9bn in June
Two officials at leading Communist Party bodies have given interviews in recent days warning - for the first time - that Beijing may use its $1.33 trillion (£658bn) of foreign reserves as a political weapon to counter pressure from the US Congress.
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