China’s Massive Shift From US Dollar Assets
US ATTEMPTS TO RESTRICT CHINESE GREEN TECHNOLOGY China dumps record $53.3 billion of US treasury and agency bonds in the first quarter of 2024. The news of the largest ever Chinese sell-off of US dollar assets emerged following three recent key events: Over time China has significantly reduced its stake in the US treasury market, which was 14% in 2011 but had dropped to 3% by the end of 2023, […]