美联储传出投降声，中国减持美债运回黄金，李显龙一语激起千层浪

Group 1 - The U.S. Treasury Secretary Janet Yellen's unexpected announcement about positive U.S.-China talks and the cancellation of export restrictions on Nvidia's advanced chips to China has calmed market fears, leading to a significant rise in stock indices [1][3] - The U.S. economy is facing severe challenges, including a high inflation rate of 3.2%, which is impacting American households, and a national debt exceeding $35 trillion, leading to concerns from major investors like Elon Musk and Warren Buffett [3][5] - Political pressures are mounting ahead of the 2024 elections, with domestic issues taking precedence over maintaining a hardline stance against China [5][12] Group 2 - The U.S. is experiencing a shift in its foreign policy due to external pressures, particularly from China, which has reduced its holdings of U.S. Treasury bonds by over $28 billion, indicating a strategic move to lower dollar risk [5][6] - The Federal Reserve's attempt to attract global capital by maintaining high interest rates has not been effective in curbing capital outflow to China, as the yuan remains stable [6][8] - The ongoing geopolitical tensions and the U.S.'s continued arms sales to Taiwan suggest that the underlying conflicts between the U.S. and China remain unresolved, indicating a complex and prolonged competition [8][12]