China just sent out a warning and it went right over Wall Street’s head
- According to reports on Wednesday Chinese officials are thinking of stopping or slowing their purchase of US debt. That news roiled markets.
- The thing is, China would be hurting itself if it ever actually stopped its US bond buying.
- So why did China make this threat? Likely to intimidate the Trump administration ahead of key trade decisions, and emphasize the interconnectedness of the world’s two largest economies.
China sent a warning to the US on Wednesday, and the message went right over Wall Street’s head.
Here’s how it all went down.
For the first time in what has been a roaring new year markets actually