After Treasury secretary Yellen visit to China in early June, probably with an agenda related to china’s treasury debt ownership, and perhaps other economic factors, it is curious that 45 days later, a private visit by some heavyweights such as Henry Kissinger or Hank Paulson, is taking place. Perhaps the US sent the father of the petro dollar to China to discuss the #brics backed currency that wants to take the place of the dollar in the international trade space. Maybe Mr Paulson was there to offer some wisdom related to the #gfc management since China has a similar problem now with real estate than the US had in ‘07-‘09. Or perhaps they’re both there to avert or negotiate the terms of a war with Taiwan. We’ll see.
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