A new economic escalation between China and the United States! 🇨🇳🇺🇸
China is taking decisive steps against the US economy, in an escalation that opens a new chapter in the trade war:
Beijing announces its withdrawal from investments in US private equity firms.
Chinese state-backed sovereign funds are halting funding for US entities, responding to direct government pressure.
The Chinese sovereign wealth fund (CIC) is effectively withdrawing its financing commitments.
Chinese investors are now avoiding any deals related to the US market, even if they are through non-US entities.
Remarkably, these steps come just one day after China warned that it would respond to any country that cooperates with Washington in a way that harms its interests.
It is becoming clear: Beijing is moving to isolate the United States using financial and investment tools.
The trade war is no longer limited to tariffs... but has entered a deeper and more intense strategic phase.