China can sell US Treasury bonds to other countries, but this is a drop in the bucket compared with a large number of US Treasury bonds at home.
The country's hoarding of a large number of US Treasury bonds has a deeper thinking. These US Treasury bonds are a threat to American credit, that is, they can be used as bargaining chips in political and economic negotiations with the United States.
If Sino-US relations are not good in the future, we can crack down on American finance and American national credit by selling US Treasury bonds.
According to the Individual Income Tax Law of People's Republic of China (PRC), the Regulations for the Implementation of the Indiv