Military Review

China threatens US with disposal of American securities

133

China’s ongoing accusations of spreading the coronavirus and Washington’s threat to cancel part of its US debt could force Beijing to retaliate with US securities. About this writes the Chinese publication South China Morning Post.


According to the newspaper, China, tired of US accusations, may sell part of the US public debt, thereby collapsing the dollar. According to reporters, Beijing is considering the option of using a "trump card in the sleeve", which at the most inopportune moment may shake the American securities market. The fact is that Washington is currently busy issuing new bonds to finance a number of programs adopted to combat coronavirus infection and its consequences, and their volume reaches 4 trillion. dollars.

There is a strong desire for countries such as China and Russia to move away from settlements in US dollars. At least in order to "disarm" the US government

said Xu Sitao, chief economist at Deloitte China.

Note that the US public debt to China is 1,1 trillion. dollars, part of which Washington is threatening to write off as a response to China’s spread of the coronavirus. But the United States itself will not do this, the newspaper writes. But China can sharply reduce the volume of investments in US securities or even sell part of the US public debt, which will lead to a sharp jump in interest rates on securities of the US Treasury.

However, according to some experts, the dumping by China of even the entire US public debt will not lead to any collapse of the dollar, since the US Federal Reserve will buy it "to the last cent." What is 1,1 trillion. US government debt, owned by China, against the background of the fact that the Fed over the past month and a half bought up government bonds by 2,5 trillion. dollars and continues to engage in such a ransom. On the other hand, the dumping of the US government debt by China may lead to a chain reaction, which cannot but affect the American economy.
Photos used:
Facebook / White House (USA)
133 comments
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  1. Tycoon
    Tycoon 8 May 2020 11: 39 New
    -18
    and where are the Chinese then will keep the money ???? American bonds are the most reliable and safe way to earn income - there is no alternative to them now. Fortunately or unfortunately - but it is.
    1. Arthur 85
      Arthur 85 8 May 2020 11: 59 New
      10
      If the state needs to keep money somewhere, then it has the wrong Gosplan ... However, the capstran simply does not have it. And in a healthy person’s economy, how much is produced, how much is consumed, plus or minus bast shoes. And if we consciously produce surpluses, then we roughly imagine what we should receive in return. And this (drum roll) is not American debt with a yield of 1-3%.
      1. Tycoon
        Tycoon 8 May 2020 13: 43 New
        -3
        This is what you argue with socialist norms - state plans and capes of the country ........ In the economy of a healthy person, what he produced should be less than the cost of what he sold (consumed) and, as a result, profit (income) or what do you call surplus. In any country there is planning, it is called differently but it is. Any country should have cash reserves, which are formed from you said surplus. But in what form to store these surpluses is a question and at the moment there is nothing regarding the reliability of American bonds, whether you like it or not.
        1. Arthur 85
          Arthur 85 8 May 2020 14: 04 New
          +4
          Um. In general, you are right somewhere, but not quite. If you dig very deeply, then these reserves - they are in extreme cases. Historically, they were kept in the form of grain and precious metals. Of course, it is more convenient to keep them in the dollar - it is much more liquid. At any moment - if you are not an enemy of the United States - you can buy at least bread for it, even Aegis destroyer ... But here's the thing: if it’s only trouble in your country, you can buy grain for a dollar. And if really big trouble comes? I do not want to be impolite, but can you imagine how far the Chinese will send foreign shareholders and intellectual property owners? And they, in turn, where will the owners of the treasuries be sent who will try to exchange them for at least something? Though on a decommissioned barge ...
          The economy of a healthy person for a year in Siberia established the production of T-34, and the economy of a smoker cannot establish the production of medical masks in two months.
          Therefore, according to the mind, it is necessary to work to meet current needs and to develop NZ. What, of course, can not be done by creative youth: how will we be without an iPhone and eat three years ago (not expired, in any case) stew? ..
          In short, I do not see a good way out. The modern world economy does not have a margin of safety. If the cow virus doesn’t leave us, Nature has many more surprises.
          1. Tycoon
            Tycoon 8 May 2020 14: 28 New
            -3
            By the way, I agree with the example of the economy of a smoker - but an example of the economy of a healthy person does not fit, by the way, perhaps the modern economy does not have a margin of safety, but no one has proposed or proved anything else ....
            1. Arthur 85
              Arthur 85 8 May 2020 14: 52 New
              +3
              It was a little off topic, but it was thought: if Stalin handed Churchill and Truman a bag of diamonds, maybe the Cold War would not have happened?
              By the way, I forgot the most important thing: the capitalist system simply has no purpose. For it is satisfying to eat, and even capture the whole world - the goal is not.
              1. Tycoon
                Tycoon 8 May 2020 17: 45 New
                -1
                and what is the purpose of the goal ???? and the question, why do C. and T. need a diamonds in a suitcase ????
                1. Arthur 85
                  Arthur 85 8 May 2020 19: 31 New
                  +5
                  The socialist way of life has a goal: to increase education all people on the planet, provide them with a reliable future, eradicate wars, prejudices, obscurantism and superstition, reach other planets, and save your own from greedy "startups", like that.
                  Why do they need a suitcase? Why did they fight against the USSR? How not to keep your personal p0pu warm? Is this the goal of capitalism, or something I don’t understand? .. So I have to lie to them (the capitalists) because there is not a single argument than capitalism is better, except "You have already got a gulag."
                  1. Tycoon
                    Tycoon 9 May 2020 19: 13 New
                    +2
                    The socialist way of life is not viable, and you can no longer continue
                    1. Arthur 85
                      Arthur 85 9 May 2020 22: 31 New
                      0
                      Well then, humanity is over. For either it will be communist, or it will not be - it will destroy itself in the pursuit of profit. In my opinion, this is an axiom, i.e., a self-evident statement.
                      "Farewell, comrades, with God, hurray! The last parade is coming ..."
            2. Antokha
              Antokha 8 May 2020 19: 16 New
              +5
              Quote: Tycoon
              perhaps the modern economy does not have a margin of safety, but nobody else has proposed or proved effectiveness yet.

              World history of all centuries until the 20th worked just like this different. It was focused on the production of what someone needs, and for which that person can pay with money received from the personal production of what someone needs. With such an economy, there are no exchanges or loans, and it is extremely stable. It does not give quick and gratuitous technological breakthroughs, but it also does not impose any debts on a person's "tomorrow". It goes like a train. The world would have made an iPhone anyway, just a few decades later. The only serious threat to her is crop failure. But we gradually learned to cope with this, and I do not mean GMOs, but normal farming methods, equipment in the fields, more accurate knowledge of the climate, etc. Until now, any family that does not have loans lives exactly as they have lived for centuries. But I wanted more, and immediately. And at the same time, something (apartment, house) suddenly became unattainably expensive, and the person himself went into debt. Everything would be fine, but super profits from the modern economy, to which there is "no alternative", are accumulating in the hands of a handful of billionaires.
              1. Tycoon
                Tycoon 9 May 2020 19: 15 New
                0
                A bunch of billionaires in the 16th century was in the 18th, as well as exchanges and loans .......
        2. Voltsky
          Voltsky 8 May 2020 17: 02 New
          -1
          Quote: Tycoon
          That you argue socialist norms-gosplans and cap of the country

          Sadness, of course, with your knowledge would be back to school. Planned economy or market economy => just a tool, sometimes both can be used, if not always. All corporations operate as planned, not market-based.
          And here such a thing "Income" and "Profit" are two different concepts; and American debt now, a rather toxic asset, which is quietly being abandoned, and that's all; the reason for this is their stupidity and impudence

          And in general, stop these nonsense about the economy, see enough "mega-economists" on YouTube and then shine with knowledge; I emphasize in red if there are no signs of a genius-mathematician, this person cannot be an economist. For you can be a bad economist but a good mathematician, but you cannot be a good economist and a bad mathematician.
        3. Motorist
          Motorist 8 May 2020 21: 13 New
          0
          the result is profit

          Well, the "profit" of 500-1000% on buying and selling (not production!) Is already too much ... Some of the "ancients" have set the same limit of 300% (any crime).
          1. Tycoon
            Tycoon 9 May 2020 19: 16 New
            0
            tell me where now in the world you can get a profit of 500%, well, at least 299% .... Do not offer drugs and weapons ....
            1. Motorist
              Motorist 9 May 2020 19: 33 New
              +1
              Pavel, spare parts. For example (very rude, offhand): the manufacturer’s UV flame detector costs 500 (not the prime cost!), And the boiler manufacturer already exceeds 2000.
              The same according to work: stretch for 12 hours what could be done in 2 with smoke breaks.
              Happy Holidays! hi
              1. Tycoon
                Tycoon 9 May 2020 19: 39 New
                +1
                Happy Mutually !!!!! An example is certainly a good one, but how many of these products you will sell with such an extra charge ... ... and what will competitors do ....
                1. Motorist
                  Motorist 9 May 2020 19: 52 New
                  +1
                  Thanks! I'm just buying ... So I have to look for real manufacturers or enter the "gray" market. Not an easy occupation, many people buy for such prices ...
                  1. Tycoon
                    Tycoon 9 May 2020 20: 08 New
                    0
                    I can only wish you good luck in this difficult matter ....
            2. T.Henks
              T.Henks 9 May 2020 20: 17 New
              0
              So you play on the stock exchange. It really needs brains and insider.
              1. Tycoon
                Tycoon 9 May 2020 20: 22 New
                0
                How smart are you and have already won a lot ????
                1. T.Henks
                  T.Henks 10 May 2020 09: 43 New
                  0
                  tell me where now in the world you can get a profit of 500%, well, at least 299% .... Do not offer drugs and weapons ..
                  So you play on the stock exchange. It really needs brains and insider
                  You asked, I answered.
    2. Andrey Mikhaylov
      Andrey Mikhaylov 8 May 2020 12: 34 New
      +2
      Gold is not heard there is such a metal.
      1. Tycoon
        Tycoon 8 May 2020 13: 44 New
        0
        Gold is a cool product, only the price is market. Only today an ounce of 1000 dollars, tomorrow 1500 dollars. and after tomorrow, 800 dollars. And who will be responsible for the loss of money ????
        1. malyvalv
          malyvalv 8 May 2020 15: 41 New
          +4
          Gold in itself is money. Gold is not used in calculations only because of inconvenience. If any country issues a crypto secured by gold, then everyone will forget about the dollar. Rather, then not the cost of gold will be expressed in dollars but the value of the dollar in ounces.
          1. Tycoon
            Tycoon 8 May 2020 15: 46 New
            -2
            it's from the realm of science fiction ......
          2. Voltsky
            Voltsky 8 May 2020 16: 31 New
            +1
            energy currency is a promising monetary unit, not gold; for it’s not convenient to use even as a basis
            1. Tycoon
              Tycoon 9 May 2020 19: 17 New
              0
              What is it like ??? please explain the concept of energy currency ????
              1. Voltsky
                Voltsky 10 May 2020 13: 08 New
                0
                the price of money is tied to energy, that is, how much energy can you buy for one unit of money, including gas, oil and electricity; instead of the "gold standard"
                After all, the production of any product can be estimated in the energy spent on it, but how this currency will look, as if you can and crypto
    3. Dmitry V.
      Dmitry V. 8 May 2020 12: 39 New
      +1
      Quote: Tycoon
      US bonds are the most reliable and safest way to earn income


      Only this reliable method turned out to be highly dependent on the economic and market considerations of the Fed, and now also on the political blackmail of the administration and the US president personally.
      One such statement is already depreciating US government securities.
      Yes - China may sell these securities at a loss, the US will have some temporary difficulties with loans (the loan rate will jump).
      The only question is whether China will want to sell securities for US dollars - which are depreciating due to "quantitative easing".
      1. Lelek
        Lelek 8 May 2020 12: 59 New
        0
        Quote: Dmitry Vladimirovich
        The only question is whether China will want to sell securities for US dollars - which are depreciating due to "quantitative easing".

        hi
        "The question, of course, is an interesting one," but China, under pressure from the same Americans, can take this step - in war, as in war.
      2. Tycoon
        Tycoon 8 May 2020 13: 45 New
        0
        Design and implement a system without a dollar, and while it is not there, everything will be tied to the dollar - that’s all
        1. Dmitry V.
          Dmitry V. 8 May 2020 14: 30 New
          +2
          Quote: Tycoon
          Design and implement a system without a dollar, and while it is not there, everything will be tied to the dollar - that’s all

          I’ve been working in RMB for 12 years already - violet for my dollar
          1. Tycoon
            Tycoon 8 May 2020 14: 33 New
            -1
            congratulations, just how many more works in RMB ???? and how much has the yuan weight in payment structures increased over 12 years ???
      3. Arthur 85
        Arthur 85 8 May 2020 14: 07 New
        0
        Uh ... And what are the bonds nominated for?
    4. dvina71
      dvina71 8 May 2020 12: 39 New
      -2
      Quote: Tycoon
      and where are the Chinese then will keep the money

      What is sure to keep a trillion?
      Firstly .. China has been buying and buying tenders for economic needs. In fact, this is a pledge of American production in China ..
      So .. in response to the castration of American debt to the Han people .. you will resort to the equivalent part for yourself .. IBeM has already become Lenovo, what prevents the transformation of iPhone into Dvanova?
      2. Where to go? But how many American factories and property around the world ...?
      1. Tycoon
        Tycoon 8 May 2020 13: 50 New
        0
        Good fantasies
        1. dvina71
          dvina71 8 May 2020 13: 58 New
          -1
          Quote: Tycoon
          Good fantasies

          Uh-huh.
          According to the IMF for the period 1979-2001. China receives $ 568,4 billion from abroad
          1. Tycoon
            Tycoon 8 May 2020 14: 35 New
            -2
            is an average of 25 billion per year ???? and what do you mean by that ???? It is better to calculate what kind of trade in RMB is carried out and what dynamics .....
            1. dvina71
              dvina71 8 May 2020 14: 50 New
              0
              Quote: Tycoon
              You want to say this

              That no one will give money. And for every dollar invested, Americans want a guarantee of the inviolability of property ..
              1. Tycoon
                Tycoon 8 May 2020 14: 52 New
                0
                right - it is
    5. mikh-korsakov
      mikh-korsakov 8 May 2020 12: 42 New
      -1
      Paul! Why "hold" bonds? Income not invested in business is not useful. Currency, albeit devalued, received for bonds can be used. China has many options with its geopolitical influence, they will bring him income not once, but here and now, and not sometime in the future - the situation with the virus shows this
      1. Tycoon
        Tycoon 8 May 2020 13: 48 New
        0
        and you, too, are investing your personal savings into a penny ??? Or do you save something on deposit or in currency, in case you need money urgently ???? By the way, the money invested in a business tends to burn through - a business is a business, but a stable income on bonds and you can sell them at the purchase price ....
        1. mikh-korsakov
          mikh-korsakov 8 May 2020 14: 03 New
          0
          Paul. The way China coped with the epidemic proves that it is the country itself that can get out of difficulties. Therefore, China does not need to worry about "rainy days". Yes. a certain amount of funds is needed, but keeping them abroad is not at all necessary, there are different tools. The whole question is in the amount invested in deposits. No one argues that an airbag is needed, but that does not mean. that you need to go to sleep on it. China now has unprecedented influence in Africa. African authorities are particularly eager to cooperate with China. because China does not condition its aid on something stupid like respecting human rights. Africa is a treasure trove of rare minerals needed in high-tech - to buy up their deposits and adjust production technology - now become a ruler. But China does not want this, it contradicts its philosophy. This is what saves the fattening West.
          1. Tycoon
            Tycoon 8 May 2020 14: 17 New
            +1
            Do not exaggerate the role of China and the importance of Africa .....
    6. Kuz
      Kuz 8 May 2020 13: 43 New
      0
      I wonder how your
      US bonds are the most reliable and safest way to earn income

      fits with
      US public debt to China is 1,1 trillion. dollars, part of which Washington is threatening to write off

      What kind of investment security are you talking about?
      1. Tycoon
        Tycoon 8 May 2020 14: 18 New
        -1
        show the source where it is written .... then we will discuss ....
        1. The comment was deleted.
    7. Kisa
      Kisa 8 May 2020 17: 27 New
      0
      surprising number of minusers. Over the past year, the Russian Federation increased deposits in American papers to 10 billion. . money is not much compared to China, but it brings its 5% stably. and don’t ask me why they don’t carry in the domestic hoperinvest ...
  2. Quat
    Quat 8 May 2020 11: 41 New
    +3
    + Beijing is considering the use of a "trump card" +

    China has not yet understood that these pieces of paper, filkin letter?
  3. Vladimir_2U
    Vladimir_2U 8 May 2020 11: 41 New
    0
    The US Federal Reserve will buy it "to the last cent"
    Yes, even for palm oil at a low price, the Fed will be killed to buy "to the last cent."
  4. Altona
    Altona 8 May 2020 11: 41 New
    -1
    I don’t really follow the relations between China and the United States, but I have the impression that Donald Fredovich wants to become Nixon. On the contrary. As you know, Nixon forged relations between the United States and Chairman Mao, promising the PRC technologies and markets for Chinese goods, thanks to which China has developed economically. Today the "global" world is breaking up into "regional" worlds, not forever, of course, but according to the law of a pendulum - it is time to throw stones, time to collect stones. That is, Trump wants to "take away" some of the technologies from China again, which of course looks at least naive.
    1. primaala
      primaala 8 May 2020 12: 10 New
      -2
      I’m somehow not really watching China-US relations
      ================
      China has long been working for the whole world. (taking into account the population). As for the United States, we must give them their due, it was they who taught the Chinese to work efficiently. If the batch of the order took place, and at least one part was defective from the bag, all goods were rejected in the USA. A little uneven seam, that's all. Trumpet. The whole party flew to the scrap. And it doesn’t matter that the rest of the product is of high quality. EVERYTHING FOR JUST !!!
      and basta !!! )))
  5. Pessimist22
    Pessimist22 8 May 2020 11: 41 New
    -1
    What to guess, you need to check how it will be, the Yankees and Chinese go ahead!
  6. pmkemcity
    pmkemcity 8 May 2020 11: 43 New
    +2
    What is 1,1 trillion. US government debt, owned by China, against the background of the fact that the Fed over the past month and a half bought up government bonds by 2,5 trillion. dollars and continues to engage in the repurchase of government bonds.

    It will be just fine when the United States owes itself and no one else. A loan is not a problem of a debtor, it is a problem of a creditor.
  7. Avior
    Avior 8 May 2020 11: 44 New
    +5
    The fact that some Chinese newspaper wrote "may sell" is not at all the same thing that "China has threatened", as in the headline
    1. dzvero
      dzvero 8 May 2020 11: 55 New
      -1
      This, of course, is not the Renmin Daily, and it cannot be read in the original, but "Beijing is considering" will not be published just like that (if the translation is correct). Most likely one of the moves of a difficult confrontation. Indicate the likelihood of an action and inflate the rates.
      1. Avior
        Avior 8 May 2020 12: 14 New
        +4
        Are you joking?
        Such an approach to headings, when an opinion is created in the headline that this is at least the position of the country's authorities, and in the text that Vasya Pupkin said nothing decisive, is rather typical here.
        The headline creates intrigue
  8. Pivot
    Pivot 8 May 2020 11: 47 New
    +2
    Yes, the States can buy at least all government bonds, print dollars and buy, exchange one piece of paper for another, but if you do not buy the products of American companies and prevent them from entering their markets, this is another matter.
    1. Oleg Zorin
      Oleg Zorin 8 May 2020 15: 20 New
      0
      Then the States will answer in the same way - they will close their market for goods from China. China sells to America more than buys from it
      1. Pivot
        Pivot 8 May 2020 15: 59 New
        +1
        Well, when the States decide to fine China, then we'll see.
  9. Yaro Polk
    Yaro Polk 8 May 2020 11: 47 New
    -1
    The Chinese need to sacrifice themselves in order to once and for all turn this 4REICH into the country of the third World.
    Banana States of America (BSA) laughing
    1. AU Ivanov.
      AU Ivanov. 8 May 2020 12: 44 New
      +2
      Then China will turn into the 5th Reich. Given that the Chinese are nationalists, they are still a bleak prospect.
    2. Oleg Zorin
      Oleg Zorin 8 May 2020 15: 21 New
      0
      Excuse me, are you serious? I, as a doctor, are interested
  10. primaala
    primaala 8 May 2020 11: 48 New
    -3
    China threatens US with disposal of American securities
    =================
    "securities" are a soap bubble. If the dollar is deprived of its strength in the world market, the bubble will burst immediately. Question. So what is the global economy !? who will win!? and in what "position" !? Not funny.
  11. rotmistr60
    rotmistr60 8 May 2020 11: 51 New
    0
    China "quickly" got tired of massive pressure from the United States and accusations against itself, therefore, for now, through the media, it launched information about a possible disposal of American securities. It’s very interesting what other trump cards he has up his sleeve in a long-term trade war with the Americans. Some political analysts are already predicting a "cold war" between the United States and China, similar to the global confrontation between the United States and the USSR.
    1. Kasym
      Kasym 8 May 2020 12: 49 New
      -1
      70% of the US demand for rare earths is met by Chinese manufacturers. Beijing has already threatened the United States, which could limit the export of these metals.
      I think that these rattling sanctions from two sides will not end in anything. USA and PRC like Siamese twins. The PRC needs the US market, and the United States needs the flow of consumer goods from this country. Trump can only increase customs excise taxes on Chinese goods, but this will also lead to a rise in the cost of goods for the population. Return of production to the USA - prices will also soar for the products of these plants.
      But the United States needs to do something with its huge public debt, so Trump is raising this issue of sanctions with the EU and with Southeast Asia. Still, the negative balance in trade with these parts of the world threatens the main product of the United States - the dollar. Therefore, the Trump pandemic problem needs to be used to the full extent - it will write off part of the state debt under this pretext. hi
      1. Tycoon
        Tycoon 8 May 2020 14: 31 New
        0
        nobody will write off anything if at least one dollar is written off - this whole system will fly into the abyss.
        1. Kasym
          Kasym 8 May 2020 17: 42 New
          +2
          Pavel, the USA arrested the assets of our National Fund and it is still not clear what is with this money. Although there is a dispute between individuals. So the likelihood of such an outcome cannot be ruled out. hi
    2. Oleg Zorin
      Oleg Zorin 8 May 2020 15: 22 New
      0
      I strongly suspect that there are no trump cards.
  12. NDR-791
    NDR-791 8 May 2020 11: 51 New
    -5
    There is a strong desire for countries such as China and Russia to move away from settlements in US dollars. At least in order to "disarm" the US government
    China certainly can, if it considers it profitable. I won’t say exactly about us. Our burst and dragged us along, but will not allow the Fed or the buck to suffer.
    1. primaala
      primaala 8 May 2020 11: 57 New
      0
      Quote: NDR-791
      There is a strong desire for countries such as China and Russia to move away from settlements in US dollars. At least in order to "disarm" the US government
      China certainly can, if it considers it profitable. I won’t say exactly about us. Our burst and dragged us along, but will not allow the Fed or the buck to suffer.

      Nonsense DO NOT write. And the question. About "US" - who are we talking about? Note - WE ARE RUSSIAN - NOT ABOUT YOU !!!
      Got it ???
      1. NDR-791
        NDR-791 8 May 2020 12: 00 New
        0
        Then the surname Nabiulina, Kudrin, Siluanov will be dragged behind us precisely !!! Russian and not only
        1. primaala
          primaala 8 May 2020 12: 03 New
          -3
          Quote: NDR-791
          Then the surname Nabiulina, Kudrin, Siluanov will be dragged behind us precisely !!! Russian and not only

          Let's decide. ))))) The main thing is to understand "situevinu"))
  13. Arthur 85
    Arthur 85 8 May 2020 11: 56 New
    0
    Dash, you’re fantastic ...
  14. askort154
    askort154 8 May 2020 11: 59 New
    -1
    There is a strong desire for countries such as China and Russia to move away from settlements in US dollars. At least in order to "disarm" the US government said Xu Sitao, chief economist at Deloitte China.

    It's time for a "strong desire" to bring it to life. Enough for China to sit on
    shore, in passive expectation, whose corpse will float first.
  15. Andrei Nikolaevich
    Andrei Nikolaevich 8 May 2020 12: 02 New
    +1
    It is amazing how this, the Chinese so far, have not copied the machine tool that prints American stocks. In would ,, printed ,,!)
  16. Lyudmila Kostargina
    Lyudmila Kostargina 8 May 2020 12: 12 New
    0
    The main thing of Russia is to climb a tree in time and watch the battle of two tigers laughing The Turkish banking regulator has banned local banks from conducting transactions in Turkish lira with three major international banks - Citigroup Inc., BNP Paribas SA and UBS Group AG - amid the depreciation of the Turkish lira to a record low against the dollar.

    The decision of the Agency for Regulation and Supervision of Banking of Turkey (BDDK) explained that the financial institutions did not fulfill their obligations on transactions in lira in a timely manner. The press release of the regulator notes that restrictions are introduced to ensure the stable functioning of the banking sector and its protection from dangerous practices.

    The lira against the US dollar on Thursday fell to a record low of 7,2692 lira for $ 1. Lira has been under serious pressure for several weeks amid growing investor doubts about the ability of the Turkish authorities to support the economy and national currency in a crisis caused by the coronavirus pandemic, the Financial Times writes.

    According to one FT source, the BDDK solution came as a complete surprise to Citigroup, BNP Paribas, and UBS.

    On Friday, the lira adds 0,3%, the rate is 7,1408 lira / $ 1.

    The BDDK's actions "could cause enormous damage to Turkey," said Tim Ash, economist at BlueBay Asset Management.

    “I think the regulator should think very hard about what he wanted to achieve with this,” says Ash.

    According to him, blocking foreign banks from access to the country's foreign exchange market will significantly complicate transactions in lira.

    Earlier in the Turkish media there were reports that the lira depreciation was due to a coordinated attack by foreign banks, organized from London. Anadolu agency said that the Turkish authorities intend to initiate legal procedures in relation to financial institutions, according to which they may face fines or a ban on transactions. Lucky Turks, cho =).
  17. svp67
    svp67 8 May 2020 12: 19 New
    +1
    According to the newspaper, China, tired of US accusations, may sell part of the US public debt, thereby collapsing the dollar.
    Alas, this will not lead to anything good. The price of these securities will fall sharply and the United States will buy them "for cents" ... which will greatly help to reduce the US national debt. But this is unlikely to have a strong negative effect on the internal situation. Americans know how to divide money inside and outside the US
  18. rocket757
    rocket757 8 May 2020 12: 22 New
    +2
    However, according to some experts, China's dumping of even the entire US national debt will not lead to any collapse of the dollar, since the US Federal Reserve will buy it "to the last cent."

    In exchange for debt securities, they will receive a lot of green candy wrappers !!! This is how "victory" will be! Surely they will not pay with gold bars or anything else that is really valuable!
    he climbed into this quagmire, will be able to get out of there without boots and socks, at least!
    The striped ones will spoil their reputation, but so what? Hang up another "Colt" on a torn place and all the business!
    1. ccsr
      ccsr 8 May 2020 12: 45 New
      +1
      Quote: rocket757
      In exchange for debt securities, they will receive a lot of green candy wrappers !!! This is how "victory" will be!

      Not everything is as simple as it might seem, if only because the availability of dollars instead of papers will allow the Chinese to use them to buy the same land in Ukraine if they start selling it. And it turns out that instead of greenery, the Chinese will have property and assets, but the countries in need will remain with dollars, and African countries in the first place. The liquidity of the currency itself is much higher compared to government securities in the same currency, at least from the point of view of transaction efficiency.
      1. Avior
        Avior 8 May 2020 12: 58 New
        0
        China is one of the main foreign holders of US debt.
        as soon as it begins to merge quietly, their prices will fall sharply, and China will suffer no less than the United States, or even more.
        And then, due to the undervalued dollar, the competitiveness of Chinese goods will fall.
        Why is this for China?
        1. ccsr
          ccsr 8 May 2020 13: 17 New
          +1
          Quote: Avior
          as soon as it begins to merge quietly, their prices will fall sharply, and China will suffer no less than the United States, or even more.

          It all depends on the speed of deliverance - we got rid of American securities worth hundreds of billions of dollars, but the collapse did not happen. Chinese economists know the rules of the game, so they won’t harm themselves.
          Quote: Avior
          And then, due to the undervalued dollar, the competitiveness of Chinese goods will fall.
          Why is this for China?

          I think that those who assess risks there are smarter than all put together, who write on VO. I think that several years ago they already calculated this when they did not begin to get rid of papers during the recent tariff war with the United States.
          1. Avior
            Avior 8 May 2020 13: 21 New
            -2
            I think that those who assess risks there are smarter than all put together, who write on VO. I think that several years ago they already calculated this when they did not begin to get rid of papers during the recent tariff war with the United States.

            that is why China will not sell them, they are not enemies to themselves.
      2. rocket757
        rocket757 8 May 2020 13: 04 New
        0
        Quote: ccsr
        Not everything is as simple as it may seem,

        It does not seem ... and yes, there is still much to buy for candy wrappers, because there is a system in the world based on the advantages of one specific, single currency. But the wrappers will lose in price, that's for sure, it hurts a lot of mass and must immediately be printed or pulled out from the reservs! Well this is not gold, which cannot be made out of lead by transmuting a printing press that turns cut paper into an international unit of account!
        Complex but logical processes will occur ... if they are, of course.
        Let's see what "miracles" will happen.
    2. Oleg Zorin
      Oleg Zorin 8 May 2020 15: 28 New
      0
      Actually, you don’t even need to print anything. It is enough to draw in electronic form.
  19. Dmitry V.
    Dmitry V. 8 May 2020 12: 28 New
    0
    However, according to some experts, China's dumping of even the entire US national debt will not lead to any collapse of the dollar, since the US Federal Reserve will buy it "to the last cent." What is $ 1,1 trillion dollars of US government debt, which is owned by China, against the background of the fact that the Fed has bought 2,5 trillion in government bonds over the past month and a half. dollars and continues to engage in such a ransom.

    The quantitative easing program has been going on since 2019.
    In connection with the epidemic situation, the Fed floods the market with cash, buying up government securities.
    On the foreign market, the value of the dollar is falling, which depreciates Chinese assets in US government securities.

    This is a "good example of the reliability" of the US national debt, which can be devalued at any time, for economic or political reasons.
  20. ximkim
    ximkim 8 May 2020 13: 04 New
    -1
    I would like China to sell the paper, I would sell it for a long time and silently. That the same thing stops them. And who has a trump card up his sleeve is another question.
  21. Walrus fang
    Walrus fang 8 May 2020 13: 27 New
    0
    No matter how the Third War unleashed .. The stakes are too high, and such US debts simply cannot be repaid!
    Although, who won this "operation pandemic" will soon be known .. As they say, look for someone who benefits!
    I won’t be surprised if the US national debt is 23 trillion. Suddenly zeroed hi
    1. Courier
      Courier 8 May 2020 15: 05 New
      0
      The United States will not give back; debt securities will be bought back in the market.
      When you buy a new car, you then do not sell it back to the manufacturer. You sell the car in the secondary market.
  22. Oleg Zorin
    Oleg Zorin 8 May 2020 14: 33 New
    0
    Nonsense. The Fed will not even need to print the required 1,1 trillion. They will simply be written in electronic form.
  23. Pvi1206
    Pvi1206 8 May 2020 14: 46 New
    -1
    it is a formidable weapon against the USA ...
  24. Lord of the Sith
    Lord of the Sith 8 May 2020 14: 52 New
    +1
    China threatens US with disposal of American securities


    So you need to get rid, not threaten. This is paper, no more. It’s better to put these papers in something more useful.
    1. Walrus fang
      Walrus fang 8 May 2020 17: 36 New
      0
      Quote: Lord of the Sith
      China threatens US with disposal of American securities


      So you need to get rid, not threaten. This is paper, no more. It’s better to put these papers in something more useful.

      Well, if only so ... In all the toilets in China?

      And in Russia, too, it's high time ..
      1. Tycoon
        Tycoon 8 May 2020 17: 48 New
        -3
        ohhh, in Russia they have been sleeping for a long time and see such toilet paper - but it's not like ..... and why ?????
    2. Tycoon
      Tycoon 8 May 2020 17: 47 New
      -4
      for example where ???? and what will give guaranteed income?
  25. Chingachguk
    Chingachguk 8 May 2020 20: 17 New
    +1
    Scary? Apparently, "you are worried about Russia with all your heart !!!!
  26. Zomanus
    Zomanus 9 May 2020 03: 58 New
    +1
    I think that everything will be limited to threats. China, too, is robust from the United States as it depends on the market.
  27. Miron
    Miron 9 May 2020 04: 58 New
    0
    Empty rumors.
    Banknotes are not Treasury notes. And although they have some similarities, they are issued on an individual basis and are individually labeled.
    That is, the United States can at any time refuse any particular holder of this type of securities in their compliance with the goznak.
    De facto, the USA does this without saying anything, by default.
    China is forced to hold these bonds as a condition of admission to the US market and a guarantee of maintaining the interests of the United States, without which the United States will take the same guarantees by military means, simply capturing China by force.
    China is not strong enough to dictate US conditions, and he did not want to work with Russia to surpass these weaknesses.
    Although it is already obvious that if the United States makes a decision, China will starve and die, for example, the crown of the virus.
    Enough to read Karl Marx. Unfortunately, the capital managed to crush China. And ours, it seems, only dream of lying under it, from above China.
    Although it is already clear to everyone that it will be good for 5 to 10 families of the country. Everyone else will become pariahs.
  28. ILIA
    ILIA 9 May 2020 19: 47 New
    0
    ah, these insidious Sinas .. swung at the holy ..)))
  29. certero
    certero 9 May 2020 23: 30 New
    +1
    Read these headlines and just go crazy. From complete ignorance and misunderstanding of whoever writes this.
    For example, the phrase China will collapse the dollar by selling securities.
    Yulin, understand what securities are held by China? Correctly these are securities issued by the US Treasury and denominated in dollars. In other words, China will sell paper and receive American dollars for them. The question is, how will this collapse the dollar? And most importantly, how will this help China?