Chinese Think Tank Warns US It Will Emerge As Loser In Trade War -- The TelegraphA State Council think-tank in China has warned Washington that the US will come off worst in a trade war if it imposes sanctions against Beijing over the two nations' currency spat.
Ding Yifan, a policy guru at the Development Research Centre, said China could respond by selling holdings of US debt, estimated at over $1.5 trillion (£963bn). This would trigger a rise in US interest rates. His comments at a forum in Beijing follow a string of remarks by Chinese officials questioning US credit-worthiness and the reliability of the dollar.
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More News On Chinese Warnings To The US On A Trade War
Beware starting trade war, China economist tells U.S. -- Reuters
Chinese Think Tank Warns America: You Will Lose Any Trade War -- Business Insider
Beware starting trade war, China economist tells US -- FOX Business
Beware starting trade war, China economist tells US -- Economic Times
China Economist to U.S.: You Don't Want a Trade War -- New York Observer
Trade War: China Fires First Shot, Hints It Might Dump US Bonds -- Money News
U.S. Filing WTO Cases Against China Over Payment Processing, Blocked Steel -- Bloomberg
U.S. Bill on China Has Shot at Passing -- Wall Street Journal
China Currency Problems Go On Trial In The House -- 247WallStreet
Q+A: Chances of bills aimed at China's currency -- Reuters
U.S. industry, lawmakers urge action on China's yuan -- Reuters
China's currency wall claims jobs -- Politico opinion
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