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Is China behind the rise in long-term US yields? There has recently been a correlation break on the bond market between yields and fears of recession. China still held US bonds worth $761bn in Jan, but has been buying more gold since 2022. Beijing could use sales to put pressure
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Is China behind the rise in long-term US yields? There has recently been a correlation break on the bond market between yields and fears of recession. China still held US bonds worth $761bn in Jan, but has been buying more gold since 2022. Beijing could use sales to put pressure on Donald Trump, as he cannot afford for yields to continue to rise. At $1.2tn, the cost of servicing the debt is already higher than the defense budget.
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The dispute over Taiwan goes back to China's 20th century civil war, has morphed over the decades, and is now central to the risk of a US–China WWIII.
In my latest special report—"Taiwan: Unfinished Business," airing tonight @ 8pm ET/PT—I'll examine how we got here and what…
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"Rescue teams, please come quickly! Look, so many people are calling for help!" said the woman filming this video.
This is near the Dashiqiao Market on National Highway 107 in #Zhuozhou City, #Hebei Province, #China, where continuous calls for help can be heard.
Hebei's Zhuozhou…
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Victor Gao, former translator to Deng Xiaoping, says China does not need the US because it has survived for 5000 years.
That line is not strength. It is evasion.
Ancient dynasties surviving on subsistence farming have nothing to do with a modern state whose growth depends on
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