The Trump administration amid the U.S.-China trade war is apparently examining the "loony" idea of going to Beijing with century-old debt obligations.
Owners of 100-year-old Chinese bonds have been asking President Trump to get Beijing to honor them, Bloomberg reports, with the administration currently "studying" this "unlikely prospect." This debt hasn't been recognized by the People's Republic of China, but Trump, Treasury Secretary Steven Mnuchin, and Commerce Secretary Wilbur Ross have reportedly held meetings with bondholders to discuss it.
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