Trump targets China’s century-old debt in latest trade war maneuver - report ...News

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Trump targets China’s century-old debt in latest trade war maneuver - report
The Trump administration may be eyeing long-defaulted Chinese bonds as a weapon in its ongoing trade war with Beijing, according to people who hold the antique debt and say they’ve met with the president to discuss it. Trump’s top trade warriors are “studying” the possibility of calling in century-old debts incurred by China before the nation went communist, according to a Bloomberg report published on Thursday. China doesn’t recognize the debt, of course, and decades of attempts to collect by owners of the aging bonds (which sell on eBay as collectors’ items) have amounted to naught, but with a full-blown economic battle between Washi

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