More Yuan Bonds Sold Outside China Than in Any Quarter Since 2014

The transcript discusses China's sale of UN bonds outside the country, marking the largest sale since 2014. This move is part of China's strategy to stabilize its currency ahead of the G20 meeting with Trump, who has accused China of currency manipulation. Despite these accusations, the U.S. Treasury has not labeled China as a manipulator. China's actions aim to avoid provoking Trump and maintain economic stability.

What was the primary purpose of the People's Bank of China managing over half of the UN bonds sold?

• To increase foreign investments

• To counteract currency depreciation

• To support local businesses

• To reduce national debt

What is notable about the UN bond sales outside of China in the recent quarter?

• They were the lowest since 2014

• They were the highest since 2014

• They were the first since 2014

• They were unchanged since 2014

Why was China keen on stabilizing its currency before the G20 meeting?

• To avoid provoking Trump

• To increase exports

• To attract more tourists

• To boost its economy

What accusation has Trump repeatedly made against China?

• Being an economic ally

• Being a military threat

• Being a trade partner

• Being a currency manipulator

What has been one of Trump's key economic pillars regarding China?

• Labeling China as a currency manipulator

• Increasing diplomatic relations

• Promoting free trade

• Encouraging Chinese investments