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China reduced its holdings of US Treasuries in April to their lowest levels in 16 years, amid deteriorating trade relations with Washington and growing debate over the future of the dollar as the global reserve currency. Beijing held $757 billion in Treasuries at the end of April, down $8.2 billion from the previous month, according to data released by the US Treasury Department. It was the second consecutive monthly reduction and the lowest lev…
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Leaning Left0Leaning Right0Center1Last UpdatedBias Distribution100% Center
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