US treasuries was a good as CASH, land or assets. and safe investment from inflation. if inflation was to rise,,interest on treasuries could go to 10% like many of the counties in the third world.
the more political risk a country has the higher the interest rate on gov't borrowing. Does China trust Trump or the US federal reserve or any central bank to protect the 'value of the USD'? 'IN GOD WE TRUST' is in the USD dollar bill for a very good reason. Even Americans don't seem to 'trust' Trump. the guys 'crazy' man and has an 'ego' an firing every staff or employee that works for him. Trump is the guy in the Whitehouse that needs to be 'fired'!!!! Trump is just an employee!
China been seeking other markets and not rely on US market as they've seen the protectionist movement comingsince 2000 with new technology for over a decades as US companies closed their factories and moved offshore and many tech companies moving overseas. or outsourcing. to India, etc. for cheaper 'workers' Even white collar jobs like engineering, law, accounting etc is been outsourced to foreign workers...only left is the gov't sector. technically they can outsource gov't workers and outrsouce foreign soldiers in the US army to save cost. US cannot import steel from china to build ships and planes.===national security. domestic sources of raw materials and food. or industry. China can ban exports. or restrict exports in a war or shortages
China is buying up mineral deposits and mining around the world. While your Chump is playing the fool.
They are not on their own. The rest of the world is not playing the tariff game yet. The US is digging its own grave.
China couldnt stand on one leg if it weren't for them sucking technology out of every other country. Their products are garbage too
It hardly made a flicker in the news - China begins trading crude oil futures denominated in renminbi. They are the largest consumer on the planet having surpassed the U.S. not long ago. https://seekingalpha.com/article/4158424-china-start-trading-oil-futures-denominated-renminbi