A container is loaded onto a cargo ship at the Tianjin port in China. The US government owes China US$1.2 trillion. Photo: AP
Tom Holland
Opinion

Opinion

Abacus by Tom Holland

The only game in town? Why China will keep buying US Treasury debt

Media reports suggesting Beijing might slow down or halt its purchases of US bonds created a flurry of market activity, but in fact China has little choice in the matter

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A container is loaded onto a cargo ship at the Tianjin port in China. The US government owes China US$1.2 trillion. Photo: AP
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