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How on earth did China buy US Treasury bonds?
Is it in the primary market? Most of them are primary markets and primary and semi-primary markets. Subscription and block trading channels are relatively easy, and block trading can be carried out. Generally, transactions in the secondary market are relatively light, which can be seen from the bookkeeping bonds of China Stock Exchange. If you buy a lot from the secondary market, it may push up the price. Generally speaking, the secondary market has never seen anything specific. It is estimated that at present, it is not possible to directly purchase US Treasury bonds in China, but only to purchase US bond wealth management products through banks. It is possible to make money by shorting more government bonds. Whether it is long or short, it is guided by market interest rate and monetary policy. Shorting US Treasury bonds means buying US Treasury options and then selling spot bonds, and the spot price falls. This can avoid the risks brought by interest rate adjustment.

If there is a war between China and the United States, those national debts will definitely be wasted! Moreover, those US Treasury bonds bought by China are all deposited in the United States, so there is definitely nothing in the war! So now China is tied to the chariot of the United States voluntarily. Most of the war money in the United States now comes from the national debt purchased by other countries, which means that almost all of it is paid by China (of course, Japan is also one of the countries forced to pay the bill for the United States, and there are some Middle Eastern countries, such as Saudi Arabia). China's military strength can't match that of the United States at present, if the United States doesn't admit it. The disparity in military strength is not only the disparity in weapons and equipment, but also the command system and operational experience. You know, China has not fought for many years, and the generals and soldiers who used to command operations with rich experience are now dead and retired. Moreover, the navy and air force are too weak, unless the battlefield is in Chinese mainland, the relatively most powerful army can't play any role at all, and the delivery of troops is a considerable problem! I hope it will help the landlord's understanding! Ha ha!