At least, such a conclusion can be drawn from information leaking into the world's business media from China. The Chinese authorities do not exclude the rejection of the policy of storing Chinese PRC reserves in state treasury bonds of the United States, Bloomberg reports with reference to two own sources in Beijing. According to the agency, representatives of the State Currency Board of China, which is a subdivision of the People's Bank of China, which manages the largest foreign exchange reserves in the world, recommended that the authorities of the country either reduce or completely stop buying US bonds. The financial officials explain their proposal by the fact that the US public debt market is losing appeal. At the same time, the growing tension on trade issues in relations with the White House is a good chance to start diversifying the investment portfolio of Chinese gold and silver products. Recall that for today the volume of Chinese gold and foreign exchange reserves is about $ 3.1 trillion. In the first three quarters of last year, China purchased US Treasury bonds for another $ 138 billion. This allowed the Middle Kingdom to become the world's largest creditor of the United States. According to the US Treasury, Chinese investments in US bonds are $ 1.189 trillion, which is 17 times more than Germany's, 5 times greater than that of Great Britain and 11 times that of Russia. The share of the People's Republic of China accounts for almost a third of all investments in American state formations carried out by central banks and ministries of finance of the world. According to sources of Bloomberg, the People's Bank of China is recommended to closely monitor the volume of new US securities. Recall that in the first quarter of this year, the US Treasury intends to issue bonds for $ 512 billion, which is a record amount of borrowing over the past 8 years. Given the fact that China is de facto the main creditor of the United States, any of its actions with more or less large amounts of US debt securities will certainly affect the state of the US financial system and the dollar rate.

Since the latter is de facto the main currency of international settlements, the entire international financial system. Not surprisingly, Bloomberg's information aroused alarm among many experts. "China is the largest holder of US government bonds, and such a warning is alarming," said Vice-President of the Golden Mint House Alexei Vyazovsky. - After all, if foreigners start to leave the "treasurers", the market can if not collapse (the Fed will print dollars and buy everything), then seriously prosest. This will entail a flight into gold and other defensive assets ". On the other hand, everyone understands that any major way out of American debt obligations will be equivalent to a shot in one's own foot for the most outgoing. Massive discharge of a large number of bonds leads to their cheaper and weaker dollar, which turns out to be exactly the same devaluation of the remaining own reserves. In this regard, experts are not inclined to believe that China will dare to bring down the pyramid of the US external debt. Rather, we are talking about some local "dismantlings" along the Beijing-Washington line. "I do not believe that there will be a drop of treasuries - it's some kind of reciprocal pressure from China on the States," says Alexei Vyazovsky. - Recently, the US refused to recognize China as a market economy, and this seems to be a kind of response ".

A similar opinion is shared by another financial analyst - Dmitry Golubovsky.

In his view, China does not have any sense in stopping the purchase of US bonds, since it simply has nowhere else to divert the earned resources. "He (China) will stop buying them only if he surpasses the balance of trade balance," explained "Gone" Dmitry Golubovsky.

- If it is positive, where else should he place all that he earned? To the euro area? There rates are even lower than in the US ". Given the continued export-oriented potential of the Chinese economy, the balance of its trade balance will not be nullified soon. So, the time of the fall of the colossus, apparently, has not yet come.