China threaten US dollar - Aussie Stock Forums

Results 1 to 5 of 5
  1. #1

    Default China threaten US dollar

    China threatens 'nuclear option' of dollar sales
    By Ambrose Evans-Pritchard
    Last Updated: 1:48am BST 08/08/2007

    The Chinese government has begun a concerted campaign of economic threats against the United States, hinting that it may liquidate its vast holding of US treasuries if Washington imposes trade sanctions to force a yuan revaluation.

    Two officials at leading Communist Party bodies have given interviews in recent days warning - for the first time - that Beijing may use its $1.33 trillion (658bn) of foreign reserves as a political weapon to counter pressure from the US Congress. Shifts in Chinese policy are often announced through key think tanks and academies.

    I don't think the chinese would be stupid enough to collapse the US dollar along with a large chunk of its export market but the escalating tension between them and the US is of concern IMO.

  2. #2

    Default Re: China threaten US dollar

    wow, that is huge amount of reserve.
    i wonder what if those monies are "dump" in the market.
    jeez, that's going to make a mess.
    Research 'n' Trade Wisely

  3. #3

    Default Re: China threaten US dollar

    merely financial sabre rattling.

  4. #4

    Default Re: China threaten US dollar

    us dollar tanks, Gold price soars ?
    May Peace Be With You

  5. #5

    Default Re: China threaten US dollar

    why start a war? let's make peace so market will always fly up and away...

    seriously, it will make a new problem in US market, and the rest of the world too. jeez another storm in our way?
    Research 'n' Trade Wisely

Similar Threads

  1. China vs. America - a new take?
    By DialecticBlue in forum General Investment and Economics
    Replies: 1
    Last Post: 15th-March-2008, 05:31 PM
  2. CHINA: What more needs to be said!
    By YOUNG_TRADER in forum International Markets
    Replies: 13
    Last Post: 26th-August-2007, 12:42 AM
  3. US Commerce Department Applies New Duties Against China
    By Kimosabi in forum International Markets
    Replies: 0
    Last Post: 2nd-April-2007, 04:56 PM
  4. CHINA... from Revolution to Revaluation
    By MARKETWAVES in forum International Markets
    Replies: 2
    Last Post: 6th-August-2005, 10:08 AM
  5. China revalues Yuan
    By DTM in forum Forex
    Replies: 4
    Last Post: 27th-July-2005, 05:29 AM


Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
Aussie Stock Forums