trending Market Intelligence /marketintelligence/en/news-insights/trending/8d_9bhqmtm8k6e7xnapq2q2 content
Log in to other products

Login to Market Intelligence Platform


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

In This List

China hints at easing Treasury purchases to counter US tariffs

Paypal Well-Positioned To Gain Share In COVID-Related Digital Payments Shift

Street Talk Episode 61 - Investors debate if U.S. banks have enough capital in post COVID world

You Down With PPP? Consider The Risks

Street Talk Episode 60 - You Down With PPP? Consider The Risks

China hints at easing Treasury purchases to counter US tariffs

China's ambassador to the U.S. wouldn't rule out a cut in Chinese purchases of U.S. Treasury bonds in response to tariffs imposed by President Donald Trump, Bloomberg reported.

Ambassador Cui Tiankai told Bloomberg TV that China is "looking at all options" when asked if the country would consider reducing purchases of U.S. Treasurys.

China is currently the biggest creditor of the U.S., holding $1.17 trillion in Treasurys as of January, equivalent to 19% of all foreign holdings of U.S. government securities.

Such a move would come as the U.S. faces a widening of its budget deficits in the coming years.

"Any unilateral and protectionist move would hurt everybody, including the United States itself," Cui said. "It would certainly hurt the daily life of American middle-class people, and the American companies, and the financial markets."

Trump on March 22 ordered tariffs of up to $60 billion on U.S. imports from China to counter "unfair" trade practices and forced transfer of intellectual property of American companies. China on March 23 responded with plans to impose levies on $3 billion of U.S. imports.