Replying to Avatar ShiShi21m

This is where FX confuses everyone.

1usd = 7.25 yuan

The whole table is quoted in USD.
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Sat Nakamoto 10mo ago

If you go to the source, they quote it in BTC for you.

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ShiShi21m 10mo ago

China obviously is a larger market domestically by what 4.5x the population of the US?

Yet our "market size" for USD is around half.

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ShiShi21m 10mo ago

Then you have to take into account cross contamination.

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ShiShi21m 10mo ago

Then you have interesting situations that give China a free pass.

https://thehill.com/opinion/international/4075341-china-is-in-default-on-a-trillion-dollars-in-debt-to-us-bondholders-will-the-us-force-repayment/

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ShiShi21m 10mo ago

https://www.abrdniaf.com/en-us/us/investor/insights-thinking-aloud/article-page/digging-deeper-china

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Sat Nakamoto 10mo ago

What exactly are you saying?

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ShiShi21m 10mo ago

USD is still king, and Chinese bonds are sus - but China is obviously the largest economy in the world.