World

China won't retaliate against U.S. by cutting Treasury bonds

Chinese and American cabinets
Chinese and American leaders at the G20 in Buenos Aires last year. Photo: Saul Loeb/AFP/Getty Images

While some had suggested China could cut its purchases of U.S. Treasury bonds as a way to retaliate or escalate its trade war with the U.S., the vice chairman of the China Securities Regulatory Commission (CSRC) said such a move is unlikely.

Reality check: It was always a low probability event, as it would endanger China's economy as much or more than the U.S.

Corporations are fleeing global chaos

Illustration of a hand pulling an arrow out of a cluster of arrows
Illustration: Sarah Grillo/Axios

Companies around the world are changing their tunes and addresses — uprooting supply chains and moving their headquarters to get ahead of unsettled global chaos.

Driving the news: Dyson said Tuesday it would move its headquarters from the U.K. to Singapore — not because of Brexit, according to its founder, leading Brexit advocate Sir James Dyson, but to "future-proof" the business.

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