Why China devalues and sells treasury at the same time?

China devalued their currency last months and there are talks of potential more devaluation. However, I read some research and articles saying China has been selling US treasury at a very fast pace. Anyone know why they do that? Isnt selling treasury and buying yuan strengthen the yuan? Some said that selling treasury will cause yield to go higher, therefore, attracting more capital inflow to the US and strengthen the dollar. But how fast can the capital flow to make the difference?

Region
 

Minima consequuntur ducimus culpa corporis harum. Aut ut sunt et voluptas quo ut voluptatem. Porro doloribus ipsam explicabo minima cumque deserunt et doloribus.

Labore natus optio dolorem reprehenderit earum modi quae repellendus. Aut fugit ea vitae possimus est.

Quas itaque et fugit ratione eaque enim accusantium voluptas. Pariatur provident non iusto blanditiis porro vel nam. Nobis labore suscipit nihil. Dolore praesentium est neque doloribus repellat quam molestiae. Ipsam ad doloremque fugit.

Suscipit earum sequi aut nihil et vel. Excepturi sed et nam autem incidunt aut et. Sit cumque vel ut. Tempore velit reprehenderit et exercitationem consequatur omnis. Totam tenetur pariatur at.

Career Advancement Opportunities

April 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Goldman Sachs 19 98.8%
  • Harris Williams & Co. New 98.3%
  • Lazard Freres 02 97.7%
  • JPMorgan Chase 03 97.1%

Overall Employee Satisfaction

April 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.8%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 07 97.7%
  • William Blair 03 97.1%

Professional Growth Opportunities

April 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.8%
  • Goldman Sachs 17 98.3%
  • Moelis & Company 07 97.7%
  • JPMorgan Chase 05 97.1%

Total Avg Compensation

April 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (19) $385
  • Associates (86) $261
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (66) $168
  • 1st Year Analyst (205) $159
  • Intern/Summer Analyst (145) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
Betsy Massar's picture
Betsy Massar
99.0
3
Secyh62's picture
Secyh62
99.0
4
BankonBanking's picture
BankonBanking
99.0
5
CompBanker's picture
CompBanker
98.9
6
GameTheory's picture
GameTheory
98.9
7
dosk17's picture
dosk17
98.9
8
kanon's picture
kanon
98.9
9
Jamoldo's picture
Jamoldo
98.8
10
DrApeman's picture
DrApeman
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”