Needless Worrying About Chinese “Dumping” T-Bills

Ashby Monk

Michael Pettis has a fantastic and in-depth article on the recent drop in Chinese holdings of US Treasury Obligations. Here’s a snippet:

“Fear of Chinese “dumping” of US treasury bonds, even if it were possible, should be a non-issue, but since it plays easily into various geopolitical conspiracies, we seem to love to worry about it needlessly.”

Read it here.

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This website is a project of Professor Gordon L. Clark and Dr. Ashby Monk of the School of Geography and the Environment at the University of Oxford. Their research on sovereign wealth funds is funded by the Leverhulme Trust and The Rotman International Centre for Pension Management.

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