What Will China’s Economy Look Like In 10 Years?
Odd Lots
00:00
The US Treasury Issue and the Renmin B Issue
China owns a lot of US Treasuries, and there's this underlying theory that at some point they could possibly sell off those holdings. They could always devalue their currency, either in an obvious or a slightly more stealthy way. There's also a greater fear that maybe at some point China might try to overturn the US dollar's supremacy in the global financial system.
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