China Unleashes its new Arsenal in the Trade War

If anyone was underestimating China’s ability to hit back & take this Trade War to the next level, the announcement overnight must have come as a rude surprise. When I wrote an earlier piece about the Re-escalation of the Trade War, I had discussed the limited options China had to retaliate. The focus has always been on China dumping U.S treasuries if they are pushed too much against the Wall. But as mentioned before countless times that it would not be a wise option as it would drag down the whole financial system with it. I don’t know if China…...