After the United States froze Russia's assets over the Russia‑Ukraine war, China could no longer continue buying US Treasury bonds.
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After the United States froze Russia's assets over the Russia‑Ukraine war, China could no longer continue buying US Treasury bonds.
They could no longer maintain their previous pace. But what is the Chinese economy without access to the markets US gives them. What deal do you reach with your largest trading partner if not resuming buying treasuries? They allow US dollar stablecoins in China? Or do they give US access to Chinese markets?
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