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Beijing dumped a record volume of Treasuries in the first quarter

By Rhod Mackenzie

China is consistently pursuing a strategy of de-dollarisation and diversification of its foreign exchange reserves. Beijing, which was previously a significant holder of American debt, is now actively selling it and replacing American government bonds with gold.

For example, in...

China Sanctions USA Bonds US Treasuries
China looks to dump US bonds

By Rhod Mackenzie

Yu Yongding, a former adviser to the People's Bank of China (PBOC), suggests that Beijing should gradually decrease the proportion of US government bonds in its foreign exchange reserves. Additionally, it is necessary to increase imports to balance foreign trade and reduce its vu...

BRICS China Trade US Dollar Peoples Bank Of China US Treasuries