China's envoy to Washington comments
China's ambassador to the United States Cui Tianka speaking with Reuters
- does not believe Beijing is seriously considering using its U.S. Treasury debt holdings as a weapon in the U.S.-China trade war
- Citing concerns that such a move would destabilize financial markets.
"We don't want to cause any financial instability in global markets. This is very dangerous, this is like playing with fire"
"I don't think anybody in Beijing is thinking seriously about this. It could backfire"
