Loading ...I just don’t believe anything at face value from the TV set. China selling Bonds? To who? Who in China? The Gov’t? The banks? If they sell US Bonds, what are they going to do with the money? Buy CDs?
As for the “rivalry”? Imo China Russia and USA are behind the scenes, staunch allies since WW II. As for Negotiate trade?? Ask yourself how China got all the work to start with from USA. Did they negotiate in 1979 to take work away from USA?? Ha.
The original story from the 1970s, establish trade with China. US Businesses salivating to sell into China population, but had to wealthy them up first, with US consumer dollars. It was all rigged with high taxes and no “smoke”, and a $1 to 7 yuan exchange rate , Dollar to Yuan. They didn’t beg the USA to get work. They were chosen.
Watch “China” involuntarily get tough on “smoke”, raise the taxes on businesses over there, lower taxes here, more “smoke” allowed here, and push our original businesses back this way.
The Chinese people and gov’t imo had NOTHING to do with getting prosperity. The global central master planners had to be involved, and I think they are now involved in wealthying up the USA like they picked China in 1979. Japan was chosen before them. Japan was abandoned in 1989, and lost to China. The USA was probably “chosen” for build up in 1913, and we got abandoned in 1971 when they de-pegged gold and dollar.
I do not believe anything they say on TV. Its all entertainment, propaganda or special interest advertisement. Free info is worth exactly that free. In fact free info is COSTLY.