Sou Hu Cai Jing·2025-09-25 08:28Group 1 - The article highlights the increasing tension in the US-China trade relationship, particularly focusing on China's significant reduction of US Treasury holdings and the implications for both economies [2][4][16] - China has reduced its US Treasury holdings by $573 billion over four months, reaching a new low of $730.7 billion, the lowest since December 2018 [4][18] - In contrast, Japan and the UK have increased their US Treasury holdings, indicating a stark difference in investment strategies among major creditors [6][20] Group 2 - Warren Buffett's decision to sell all his shares in BYD, after holding them for 17 years, reflects a strategic move to mitigate risks associated with US-China tensions and tariffs [12][21] - Buffett's actions are seen as a signal to other investors, suggesting a broader trend of foreign capital withdrawing from Chinese companies due to increasing geopolitical risks [14][16] - The article suggests that both China's reduction of US debt and Buffett's divestment from BYD are responses to the current economic climate shaped by US policies, indicating a shift in investment strategies [16][18]