U.S.: Beijing's economic decisions worry the markets

Beijing gives in on Treasury bonds

In March 2025, China sold nearly 19 billion dollars in U.S. Treasury bonds. Its portfolio decreased from 784.3 to 765.4 billion dollars. This significant decline occurs in an atmosphere of distrust, in the context of a tariff war with the United States. Although the Trump administration suspended some of its surcharges for 90 days, confidence remains deteriorated. Economic relations between Beijing and Washington are filled with turbulence, temporary agreements, and recurring disappointments. The latest example: the suspension of increases in customs tariffs for a period of 90 days. But this diplomatic pause offers no guarantee of lasting stability for the global economy. In fact, China has just sent a signal with overtones of monetary provocation. In March, it massively reduced its holdings of U.S. debt. A decision that could reignite tensions.$FUN