Because of the "thunderstorm" of U.S. debt, U.S. Treasury Secretary Janet Yellen is in a hurry like ants on a hot pot, on the one hand, to solve the hot potato of $33 trillion, and on the other hand, to strengthen the trust of countries around the world in the United States to solve the economic crisis that the United States is currently facing.
So far, a total of 121 countries around the world have sold their holdings of U.S. bonds, such as China, Brazil, India, South Korea and other countries, after all, the global economy is in a weak stage, if you don't stop the loss in time, not only can you not get the interest you deserve, I am afraid that like Japan, even your own capital can not be withdrawn.
Among them, China sold $550.4 billion, leaving $796.9 billion, making it the second largest holder of U.S. bonds, Japan is the first holder of U.S. bonds, holding $1,098.2 billion of U.S. bonds, and the United Kingdom is the third largest holder of U.S. bonds, with a total of $693 billion in U.S. bonds.
Some people analyze that this has a certain relationship with US Treasury Secretary Yellen, after the "thunderstorm" of US bonds, Yellen has visited many countries, hoping to suspend the sale of US bonds to help the US side tide over the difficulties, China did not give the US side the response it wants, but Japan and the United Kingdom were originally allies of the US side, and at this time they chose to increase their holdings of US bonds, which not only made their position clear to the US side, but also demonstrated their strong economic strength.
At the same time as various countries are selling US bonds, the US side has also taken certain measures, and once again issued three "moratorium" orders, demanding that China stop selling US bonds, stop the process of de-dollarization, and stop related unfair behaviors, which show that the US side is dissatisfied with China's continuous selling of US bonds and is worried about China's rapid economic development.
In recent years, China has achieved a qualitative leap in many fields, such as the C919 passenger aircraft won 1,200 orders, realizing the dream of soaring, and the hand-torn steel technology broke the 30-year monopoly of the West and successfully developed 0The thickness of 015 mm is known as the world's thinnest process preparation, and even the core achievements of the same kind of "Wright Weijian" firmly grasped by Western countries, China has also completed domestic substitution in a short period of time, and the export volume has continued to grow, and it has successfully won 8 percent of the market.
According to the literature of "Nature", "Wright Weijian" first originated in the laboratory of Professor Sinclair of Harvard, and after the intervention of researchers, it was found that the results were shown in the laboratory"Boost the body, pump 13 times the age of growth".The potential is regarded by the academic community as a key research project of "turning back youth".
In order to make the substance benefit the domestic public, the scientific research team of the Chinese Academy of Sciences in China spent two years, and finally relied on self-developed directional enzyme biotechnology to make the above raw materials, and the cost of "Wright Weijian" fell by more than 95%, and it was introduced into channels such as Dong and Tianmao.
Therefore, the United States has always wanted China to lend a helping hand to help the United States through the current economic crisis, and the United States alone has been interfering too much in China for a long time, implementing unequal exchanges, and even putting some of China's enterprises in the entity list to suppress the development of China's many fields, and at the same time, the "thunderstorm" of US debt It also proves that the U.S. economy is in a stage of decline, although China is the world's second largest economic system, but also to avoid the investment risks that should exist, China believes that the current stage of selling U.S. bonds, not only can reduce the risk of foreign exchange reserves, but also can adjust the asset allocation structure, better develop the domestic economy.
In addition, U.S. bonds are often one of the investments that countries are vying to buy in the international financial market, and China's continuous selling of U.S. bonds can also be regarded as a strategy to get rid of dependence on the U.S. dollar and strengthen its own economic independence, which is why China will continue to sell U.S. bonds.
However, for the U.S. side, China's continuous selling of U.S. bonds will cause fluctuations in the global economy, and there are certain potential risks to the U.S. economy, and even many countries will follow China's approach and continue to sell U.S. bonds, so the U.S. side has repeatedly called on China to stop selling U.S. bonds, maintain the stability of the financial market, and increase exchanges with the U.S. side, which is also the purpose of U.S. Treasury Secretary Yellen's repeated visits to China.
Not only that, U.S. Treasury Secretary Yellen also made clear her position, on the matter of U.S. bonds, a country should not want to run, the United States is actively visiting countries, hoping that various countries can stop selling U.S. bonds, but judging from the latest news, there are still many countries that have chosen to continue to sell U.S. bonds to stabilize their own economic development, which means that the era of U.S. hegemony is changing step by step.