China Sells US Debt, Buys Gold in Strategic Shift
From beemarkets.com
China appears to be accelerating its "derisking" strategy by systematically reducing its exposure to U.S. government debt while increasing its gold reserves. This financial pivot reflects a broader policy of diversifying assets amid ongoing geopolitical tensions. According to data from the U.S. Treasury, China sold another $6.1 billion in U.S. Treasuries in November. This sale brought its total holdings down to $682.6 billion, the lowest level recorded since 2008. This trend of selling U.S. debt is not new but has intensified since the beginning of the trade conflict with the United States. The move is a core ...
(full story)