Recently, thousands of tonsThe news of the arrival in China has attracted widespread attention. This huge amountNot only did the United States feel urgent, but China showed the United States that it was strong with this moveEconomystrength and investment strength. In the face of large-scale purchases from Chinaand a sharp sell-offU.S. TreasuriesThe United States did not dare to directly block it, but chose to ease tensions through Yellen and other overtures.
This batch is thousands of tonsThe arrival of China is of great significance. According to the latest data, China in the first nine months of this yearImports have reached 1,145 tons, an increase of 27% over the same period last year. There are even ** believe that from November 2019 to the present, China has introduced at least 4,685 tons, which is quite a huge number. This series of measures shows that China is rightThe continued optimism will also further enhance China's inThe voice and influence of the market.
Not onlyThe arrival in China caused a heated discussion about what the United States holdsBondsIt is also one of the focal points. According to the data, as of September this year, China has been in a row for six months**U.S. Treasuries, the total fell below $800 billion to $778.1 billion, ranking in the United StatesBondsThe second largest buyer. At the same time,U.S. TreasuriesJapan, the largest buyer, also saw a sell-off. This litany of moves has made the United States holdBondsThe number hit a new low to the United StatesEconomyBrings a certain amount of pressure.
China's massive sell-offU.S. TreasuriesThe behavior has attracted the attention of the United States, but they do not dare to stop it directly. The "troubles" facing the US Treasury are not solved, the federal budget deficit is soaring, and the publicDebtInterest expense is increasing. To cover the deficit, the United States can only borrow more and moreDebt, which has plunged the US treasury into a vicious circle and a battle with Congress. Therefore, the United States does not dare to easily block China's sellingU.S. Treasuriesso as not to further escalate tensions.
In sensitive moments,U.S. Secretary of the TreasuryYellen took the initiative to show goodwill to China, releasing a rather strong signal. Yellen said that Biden will develop China and the United States in 2024EconomyThe relationship sets three main priorities, including the responsible management of the bilateral sideEconomyrelations, urged ChinaEconomyPolicies will be clearer and cooperation with China will be accelerated. This statement shows that the United States hopes to deepen Sino-US economic and trade exchanges, and at the same time, it also shows that it hopes to obtain some benefits from China.
Yellen's remarks are of positive significance for the healthy development of China-US economic and trade relations. China has also put forward three suggestions to the United States through its ambassador to the United States, Xie Feng, namely, to keep promises, eliminate pan-politicization and interference, and achieve mutual success to lengthen the list of mutually beneficial cooperation. This shows that China hopes to build a healthy relationship with the United States based on the principles of mutual respect, peaceful coexistence, and win-win cooperationEconomyRelationship.
Thousands of tonsArrival in China and Chinese sell-offU.S. TreasuriesThe move has attracted the attention of the United States. In the face of this series of measures, the United States did not dare to directly block it, but eased tensions through Yellen and other overtures. This move not only shows that China is strongEconomystrength and investment strength also show that the United States is financially andEconomyaspects of the dilemma. In order to achieve the healthy development of China-US economic and trade relations, the two sides should resolve relevant issues and promote bilateral development based on the principles of mutual respect and peaceful coexistenceEconomyRelationships are gradually getting back on track. Only by working together can we achieve win-win cooperation and create a better future for the two peoples.