Quite unlikely that China will dump U.S. treasuries despite rising trade tensions

Zhang Yuyan, a senior researcher at Chinese Academy of Social Sciences speaking at Boao Forum in Hainan

  • Foreign reserves and trade are two different issues
  • should be taken separately
  • still time for the two sides to negotiate
  • The U.S. should return to a rational stance

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He was going very well until "The U.S. should return to a rational stance". If Trump sees this its likely to set him off again :-D