China holding on to its strongest weapon in potential trade war

It took China less than 12 hours to retaliate against the announced US import tariffs on upwards of 1,300 Chinese products Wednesday. But China has yet to involve the by far biggest US export to China.

BY RITZAU FINANS

China swiftly reacted to potential import tariffs in the US on upwards of 1,300 Chinese products, announced Wednesday. But China has yet to involve the by far biggest US export to China – the US government debt.

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