Central Banks Aggressively Acquire Gold as Hedge Against Volatile Market Conditions on Nostr: China Dumps $101.9 Billion in US Treasuries in 12 Months as Fed Governor Dismisses ...

China Dumps $101.9 Billion in US Treasuries in 12 Months as Fed Governor Dismisses 'Imminent Demise' of US Dollar
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#9f051475 ver:0.31

China intensifies de-dollarization agenda, selling $101.9 billion in US Treasuries in 12 months, reducing holdings to $767.4 billion. China aims to diversify assets, weaken yuan, and challenge US dollar's global supremacy. Despite this, Fed Governor dismisses US dollar demise, citing few alternatives and global reliance. Rising tensions and potential trade war with US add to economic concerns. Impact on global economy and financial markets monitored as interest rates and inflation persist. #China #de-dollarization #USdollar #trade #economy...

#newstr #China #UsTreasurySecurities #UsDollar #FederalReserve #Brics

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