The reason Trump feels so arrogant toward China is because
1)China $500Billion export to US market.
2)US can cut China from US financial market.
3)Not paying China back the $1 Trillion US treasury, it's becomes a hostage.
" The most dangerous step, heinous and notorious mindset of US billionaires "
Billionaire hedge fund manager Ray Dalio said the White House’s deliberation on a block on U.S. investments in China made him wonder if bigger moves are on the way.
Dalio, founder of the world’s largest hedge fund, said in a lengthy LinkedIn post President Donald Trump could use special emergency powers like the freezing of Japanese assets and embargoing of oil to Japan in the 1940s.
“Regarding the capital and currency wars, the ability of the US president to unilaterally cut off capital flows to China and also freeze payments on the debts owed to China and also use sanctions to inhibit non-American financial transactions with China must be considered as possibilities,” Dalio, the co-chairman of Bridgewater Associates, said.
Imagine this ugly and mentally disarrayed DALIO thought he is the greatest financial guru sitting on a pile wealth ( perhaps publicly stolen, cheated and/or scammed ) could utter such notorious expressions. When shit really hits his underpants, all his paper and physical wealth holdings will be turned to ashes and toxic hazes in which he isn't aware that such possibility is not a biblical forecast . Shooting himself in his own legs and mouth !
China needs NOT be the number one holder of foreign debt papers ( esp. the US Bonds and Treasury ) . Scale down and reinvest in BRI projects globally as soon as possible while developing the rural China's rural regions and the South China Sea into cooperative entities among ASEAN members with special priorities . Cut this string off and develop own digital-currency for global trades !
Being the number one holder of US debt in particular ( lending money to the USA ) is NOT being appreciated but instead being manipulated by idiots like Dalio, sbannon, rmarcos, and many other heinous politicians as well as business entities against China's mid and longer term interests. Within global focus, is a very bad news; isn't it ?
In the age of internet, there should not be more than 10% tariffs anywhere. Some 4,000,000 Chinese are there in USA. People from other countries get to study and learn in American colleges and schools. This is the reason there has been technology transfer.