China continues to increase its dollar independence and financial autonomy – Motor Economico

It reduces to $759 billion its US bonds against the more than 1.3 trillion that China has come to have has progressively reduced its holding of US Treasury bonds as part of a deliberate strategy to strengthen its financial autonomy and reduce its dependence on the dollar. For years, the accumulation ... China continues to increase its independence from the dollar and its financial autonomy Read more »