I know the Chinese government sold some bonds but I think it's more than just Evergrande that might default on USD debt. Do you think China will be forced to sell yuan to raise dollars after the T-bills and bonds are used up?
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Well they do have like $3 trillion in bonds so they have a large stack.
China is going to be a very interesting situation to watch. The energy crisis is hitting them the worst. I fail to see how the global economy doesnt suffer a major pullback due to this.
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