News Analysis
If China “dumped” all of its U.S. debt and U.S. Treasury bills in a single day, it would lose a lot of money, decrease its ability to purchase raw materials, and benefit the U.S. Fed that would buy up the Treasury bills at a discount.
Chinese yuan and U.S. dollar banknotes are seen in this illustration taken on Feb. 10, 2020. Dado Ruvic/Illustration/Reuters
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Antonio Graceffo
Author
Antonio Graceffo, Ph.D., is a China economy analyst who has spent more than 20 years in Asia. Graceffo is a graduate of the Shanghai University of Sport, holds an MBA from Shanghai Jiaotong University, and studied national security at American Military University.
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