ar-BBIeckw

A good article from CNBC! Even though the headline is click-bait, the article is balanced and makes clear Beijing is very constrained, and there are few places to go in the international arena where you can buy large amounts of debt (bonds) that you can COUNT on will sell when you need to be able to sell them. This relationship between China and the US is NOT like a bank and its customer. It's more like the Teamsters buying bonds from Google.