Hmm, so all China has to do is liquidate their US holdings and ...
China loses spot as world's number 2 stock market
China's stock market has been overtaken as the world's second-biggest by Japan's, having been swiped this year by the threat of a trade war with the United States and slowing economic growth. Data from Bloomberg News in intra-day trade on Friday (Aug 3) showed the value of equities on the mainland had slipped behind those in their neighbouring country for the first time since taking the number-two spot in 2014. The figures showed Chinese stocks were worth US$6.09 trillion, compared with US$6.17 trillion in Japan. While global markets have been broadly hit by fears of a trade war between the world's top two economies, ... (full story)