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Quite unlikely that China will dump US treasuries – CASS

Headlines are crossing the wires (via Reuters) from Zhang Yuyan, a senior researcher at Chinese Academy of Social Sciences (CASS), as he speaks at Boao Forum in Hainan today.

Main Points:

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

Foreign reserves and trade are two different issues.

Should be taken separately.

Still, time for the two sides to negotiate.

The US should return to a rational stance.

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