This is a deal where US gives china basically nothing and gets a lot.China should NOT sacrifice its other trading partners for the Americans. China should not sacrifice its credibility with other countries for the Americans. Its better to have a fight with one country than with a whole bunch of countries. And the Americans are a threat to China those other countries are not. So like I said the best solution is to frontload and spread the 200 billion over more than 2 years. Or just try to get out of the deal which I think is bad. China should have never agreed to the 200 billion dollars worth of purchase.
PS the EU is already complaining about the deal and might go to the WTO on this. I hope they succeed!
Lol all $2T dollar forex + $1T treasuries need to go.China needs to swap its dollar reserve for something. 200 billion isn't even 1/5th of China's dollar reserve. If there is a cold war to be fought, all of those 1.2 trillion needs to go. And if China can help it, it is better to take it out in goods (especially when prices are low) than to let the Americans default and have to freeze US assets which would enrage Washington even more.
The original article is from Bloomberg, which contains interactive charts:8% of US students scored top tier in math because of the Asian kids in the US LOL
Someone in the comments added without a citation, "In 2018, China had more than 8 MM college graduates, more than 50% are engineers; in the same period, US graduated 442,000 engineers, 52% were from China and India!" I assume by engineers, he meant STEM, not the strict definition of engineer.