China has been steadily reducing its stash of US Treasury bonds, hitting the lowest level since 2009. In May, Beijing’s holdings dipped slightly to $756.3 billion, marking the third consecutive monthly drop. The move comes as trade tensions with the US simmer and concerns grow over American fiscal policies. China also slipped to third place among foreign holders earlier this year, behind Japan and the UK.

Editor’s Note: This isn’t just about numbers—it’s a signal. China’s pullback from US debt reflects deeper unease between the two economic giants, whether over trade, politics, or long-term financial strategy. Fewer Chinese-held Treasuries could mean higher borrowing costs for the US if the trend continues, and it adds another layer of tension to an already rocky relationship. For everyday folks, it’s a reminder that global money moves can ripple into things like interest rates and market stability.

The Biden administration appears to be shifting its stance on tech exports to China, with Commerce Secretary Howard Lutnick suggesting the U.S. wants Chinese developers reliant on American technology—like Nvidia’s chips. This signals a potential softening in the hardline approach, possibly hinting at behind-the-scenes negotiations for a broader deal with China.

Editor’s Note: If the U.S. is easing restrictions to keep China hooked on its tech, it could mean two things: either a pragmatic move to maintain economic leverage or the start of a bigger compromise to ease tensions. Either way, it’s a notable pivot from the "decoupling" rhetoric we’ve heard for years—and one that could reshape global tech competition.