China's Strategic Shift Away from the US Dollar Intensifies as it Sells $48.9 Billion in US Treasuries
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#9f051475 ver:0.28

China intensifies its shift away from the US dollar, selling $48.9 billion in US Treasuries to diversify its assets and reduce reliance on the dollar. This aligns with China's broader strategy to mitigate risks and make exports more competitive. However, potential trade wars and inflationary pressures could impact this strategy. Economists closely monitor how China's moves will affect the global economy. #China #USdollar #diversification #trade #inflation...

#newstr #China #UsTreasuries #TradeWar #UsDollar #Diversification #ImportTariffs #Inflation 

 https://here.news/story/9f051475?ver=0.28