CNBC: China Dumping Treasurys? Here’s What You Must Know August 29, 2015 by mosesman Largely propaganda by CNBS! The word is out, China has triggered the financial nuclear option. Selling US treasuries (and dollar) is negative for USD and strengthens the Chinese Yuan (CNY). By devaluing the CNY, the effect is neutralized. Ie. the Chinese Yuan will not strengthened by the dumping of dollar. Thus, protecting Chinese exports and economy. Click on image for article.