395:2！美国踩下金融核弹引信，中国8700亿美债成最后底牌？

Group 1 - The core point of the article highlights the U.S. Congress's overwhelming support for the "Taiwan Protection Act," which could lead to severe financial sanctions against China if it threatens Taiwan, effectively isolating China from the global financial system [1][3] - The act allows the U.S. government to cut off China's access to international financial institutions like SWIFT, the World Bank, and the IMF without waiting for Senate approval, indicating a significant escalation in U.S.-China tensions [3][4] - The voting results show a rare bipartisan agreement in Congress, with 395 votes in favor and only 2 against, reflecting a strong political consensus on confronting China [3][4] Group 2 - China holds $870 billion in U.S. Treasury bonds, which, despite a 40% reduction from its peak, still makes it the second-largest holder, suggesting that a decoupling could lead to increased U.S. Treasury yields and higher mortgage rates [4][5] - China's cross-border payment system (CIPS) processed 96 trillion yuan last year, a 32% increase year-on-year, indicating a growing alternative to the U.S. financial system with over 2,000 global banks connected [4][5] - Recent developments show that countries like Saudi Arabia and Iran are using the yuan for oil transactions, and ASEAN countries are increasingly settling trade in yuan, which could undermine the U.S. dollar's dominance [4][5]