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Friday, April 19, 2024

China continues to cut its US treasuries to US$775B.

China will continue to cut its US treasuries because of derisking and dedollarizing to avoid sanctions and confiscations in the future.  Furthermore, the real US economic situation is deteriorating as its debts are piling faster than its GDP growth.


Unknown said...

an eye for eye tactic for the sanction on them.

Eric Ho said...

Maybe you would like to read about our previous posting regarding this issue.

Thank you for your comment.