US Dollar May Sink if China Dumps Treasury Bonds. Will It Happen?

In addition to using mother nature, China can also harness the vast power of the bureaucratic state to wrap US businesses in red tape. In a recent US-China Business Council survey, 25 percent of firms reported increased scrutiny by regulators and greater barriers to entering the Chinese market. These include increased frequency of unannounced inspections and slower clearance for customs among many other obstacles.