China’s nuclear option of dumping US bonds would cause absolute chaos in global markets

China’s nuclear option of dumping US bonds would cause absolute chaos in global markets

The ongoing tit-for-tat tariff exchange between China and the US could push Beijing to strike back with the so-called ‘nuclear option’ – dumping its vast holdings of US Treasury bonds.
While the move would be partly self-defeating for China, it would also have devastating consequences for global financial markets, Sourabh Gupta, a senior fellow at the Institute for China-America Studies in Washington told RT.

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