China's Record Sale of US Government Bonds Signals Strategic Shift Away from the Dollar
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#9f051475 ver:0.27

China's record sale of US government bonds in Q1 2024 signals a strategic shift away from the dollar. With $53.3 billion sold, China aims to diversify assets amid rising tensions with the US. Analysts suggest increased commodity purchases may weaken the yuan and boost Chinese exports. The impact of China's asset diversification and commodity strategy on the global economy is being closely watched. #China #USdollar #assetdiversification #commodities...

#newstr #China #UsDollar #GeopoliticalTensions #Commodities #Yuan #GlobalEconomy #UsGovernmentBonds #DiversifyAssets #FederalReserve #InterestRate 

 https://here.news/story/9f051475?ver=0.27