After Trump's election: China continues to rely on dollar debt

China surprises Saudi Arabia with dollar bonds. The financial dilemma remains unresolved between dollar dependency and striving for independence.

After Donald Trump's re-election, China surprises the financial markets: despite all its efforts to become independent of the US dollar, the country is once again issuing government bonds in American currency - this time in Saudi Arabia. But China's economic dilemma remains unresolved. Caught between dependence on the dollar and striving for financial i…