Why China Keeps Selling U.S. Treasuries | China Decode
Alice Han and James Kynge examine China's selloff of US Treasuries, its energy leverage over Russia, and its approval of a brain-computer interface chip.
The gist
-
China is squeezing Russia on gas prices by being its only major energy buyer, exposing real tensions beneath their 'no limits' partnership.
-
30-year US Treasury yields have risen above 5%, the highest since 2007, partly because China and other central banks are buying less US debt.
-
China approved the NEO brain-computer interface chip for commercial use before Neuralink got FDA approval, backed by 1.7 billion dollars in government funding.
-
China is letting the yuan gradually rise against the dollar, a shift from its old strategy of keeping the currency weak to boost exports.
The Prof G Pod – Scott Galloway and This Week in Startups agree on 3 things
See what they all use, in their own words. Paid ads are left out.
See what they all swear by Or pick your own peopleAlso mentioned
0:52
Power of Siberia 2
· "A centerpiece of the agenda was the longstalled Power of Siberia 2 pipeline, a proposed 1,615 mile pipeline..."
Ads in this episode
The Guardian, Stateside, ShipStation, Nutrafol. They're paid, so we keep them out of the picks above.
See what The Prof G Pod – Scott Galloway recommends without being paid →
◎
Related episodes
Episodes covering similar topics
The insane Lindsay Clancy Trial, Putin Meets With CIA & The Pope, & US Dollar Ultimatum To The World
geopolitics
More from The Prof G Pod – Scott Galloway