I don t understand why China is buying so many US bonds? Resolutely oppose China s purchase of US bo

Very few countries use RMB for settlement, and the US dollar is the international settlement currency, and you can't buy materials without exchanging dollars, if the RMB is the international settlement currency, then it is not someone else who buys it.

If you don't understand, you must first understand, and only after understanding can you have real insights.

Scold yourself for things you don't understand, and shame yourself first.

I know that there are already some issues related to national debt, can you take a look at them first?

As ordinary people, it is impossible for us to understand the major events of national politics in our lifetime.

Why did China buy U.S. Treasury bonds in 2008? Netizens who are more concerned about current affairs and news may often hear such a statement, that is, the United States now owes China trillions of dollars in debt. In fact, this debt is the U.S. Treasury bond that China bought in 2008.

Now this matter is also being discussed by many netizens on the sedan car network, of course, there are good and bad points of view. I will pick a few points to explain to you.

This is also an important point that many netizens say now, the reason why the US Treasury bonds were bought in 08 was mainly to save the financial crisis that broke out in the United States at that time. At that time, the economic strength of our country was not very good. And that year we also held the famous 08 Beijing Olympic Games, there are still a lot of places that need money, not to mention the Wenchuan Da**, 08 years of Sino-US relations, at least much more relaxed than the current Sino-US relations.

Moreover, China's economic development at that time really needed the economic development of the United States and other European and American markets to promote. For this highly binding situation. If the financial crisis in the United States continues, it will not only have an impact on China's economy, but also have a more profound impact on the world economy.

One more thing I have to say, of course, this is just a little personal opinion. In 08, our country suffered 512 extraordinarily large **. Despite such a disaster, our people have survived the disaster and continue to develop the local economy and carry out post-disaster reconstruction.

What's more, there was the Beijing Olympics in 08, and the Beijing Olympics served as a self-presentation for China to face the world. It still needs some support from Europe and the United States and other countries, so China's purchase of US Treasury bonds back then was not only a contribution to the world economy, but also a consideration for China's future development. <>

Why is there a large amount of domestic government bonds? If money is tight, why do you still buy a lot of US Treasury bonds?

Theoretically, in order to fix the exchange rate, China has to ** US dollar (m2) and release the renminbi at the same time, which is called foreign exchange account 2, in order to balance the balance of payments.

China has gone through 3,4 years of economic **. Sold to foreign countries in large quantities, accumulated a large number of dollars. The United States, on the other hand, has pursued a policy of only entering but not leaving.

China can't buy what it needs. The United States is constantly printing money and depreciating. Only by buying their treasury bonds to preserve their value.

Only government bonds can accommodate China's dollar reserves.

Why is there a large amount of domestic government bonds? If money is tight, why do you still buy a lot of US Treasury bonds?