Chinese Official Warns of Finance War With U.S. as Markets Face Risks

Former Chinese official warns of a "finance war" with the U.S., risks of capital flight and turbulence in China's markets
Interest rate cuts by the Federal Reserve could trigger inflows of hot money and speculation in China
China at a disadvantage in financial competition with the U.S. due to dollar dominance
Ensuring safety of U.S.-listed Chinese company assets is a priority amid delistings
Financial decoupling between China and U.S. poses challenges but is happening via sanctions preparation