nekandro@lemmy.ml to World News@lemmy.ml · 9 months agoChina continues to reduce its holdings of US Treasuries in Octoberwww.globaltimes.cnexternal-linkmessage-square1fedilinkarrow-up154arrow-down14
arrow-up150arrow-down1external-linkChina continues to reduce its holdings of US Treasuries in Octoberwww.globaltimes.cnnekandro@lemmy.ml to World News@lemmy.ml · 9 months agomessage-square1fedilink
minus-squarenaturalgasbadlinkfedilinkarrow-up7arrow-down1·9 months agoMakes sense, since China isn’t as reliant on USD for trade between ASEAN and Russia (and soon, I expect, the Middle East/South America/Africa). China doesn’t need those deep foreign reserves if they’re not going to be using them.
Makes sense, since China isn’t as reliant on USD for trade between ASEAN and Russia (and soon, I expect, the Middle East/South America/Africa). China doesn’t need those deep foreign reserves if they’re not going to be using them.