China reminds Trump it holds the note on dollar debt

The moment that many a US Treasury secretary feared for decades may have arrived: when Washington’s top bankers turn against US government debt. Case in point: America’s No 2 financier in Asia — China — is reportedly advising banks to cut their exposure to US government securities. Though officials in Beijing haven’t confirmed the advisory, […] The post China reminds Trump it holds the note on dollar debt appeared first on Asia Times .