Reply to post: Re: China is supporting the US

China's silicon-self-sufficiency plan likely to miss targets due to Factories Not Present error

DrBed

Re: China is supporting the US

I disagree. China is holding so many treasury bills because they have nowhere else to put all those US dollars that the US is sending over to buy their goods.

Nope, China is trying to get rid of US Dollar as soon as possible - buying gold for example (and not only China). Because of that, China is not the biggest USA creditor anymore, now it is Japan.

Clock is ticking...

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