Why is China hiding 700 billion dollars?

American US-China logistics expert reports from China video: Why is China hiding 700 billion dollars? 美國物流專家在中國的報告視頻: 中國為何隱瞞7000億美元？

https://www.bloomberg.com/news/articles/2024-09-04/us-trade-deficit-widens-to-78-8-billion-largest-in-two-years
https://x.com/SputnikInt/status/1783138123930546199
https://rhg.com/research/vanishing-act-the-shrinking-footprint-of-chinese-companies-in-the-us/
https://www.bnnbloomberg.ca/investing/2024/09/06/china-should-explain-enormous-data-gaps-us-ex-official-says/
https://www.bloomberg.com/news/articles/2024-11-05/china-set-to-issue-dollar-bonds-offshore-after-three-year-hiatus
https://www.economist.com/briefing/2024/08/01/chinese-firms-are-growing-rapidly-in-the-global-south

China runs large trade surpluses with the United States. Typically these funds would be returned to the US as capital investments, either through buys of fixed assets, securities, or lending.

China, however, is liquidating stakes in companies in the United States, and is selling off its portfolio of Treasury bonds.

These two trends are resulting in enormous imbalances in Balance of Payments, which much be re-balanced via China's central banking activities. China is clearly recycling giant capital pools from the United States for investment purposes inside China, and among China's top trading partners.

And because the US dollars are never returned to the capital markets, it is also clear that China and the BRICS countries are setting up their own trading and economic bloc, funded largely with US debt instruments.

(Editor note: At about the 2:00 mark, I misspoke. The US ran a trade deficit of approximately $800 billion, not surplus. Apologies.)

中國對美國有巨額貿易順差。 通常，這些資金將透過購買固定資產、證券或貸款作為資本投資返回美國。

然而，中國正在清算美國公司的股份，並出售其國債組合。

這兩種趨勢導致了國際收支的巨大失衡，而國際收支平衡在很大程度上可以透過中國央行的活動來重新平衡。 中國顯然正在從美國回收龐大的資金池，用於中國境內和中國最大貿易夥伴之間的投資目的。

而且由於美元永遠不會回歸資本市場，很明顯，中國和金磚國家正在建立自己的貿易和經濟集團，其資金主要來自美國債務工具。

（編按：在2:00左右，我說錯了。美國的貿易逆差約為8000億美元，而不是順差。抱歉.”)