According to recent media reports, China has instructed state-owned banks to reduce their holdings of US Treasuries further, thereby accelerating a long-standing diversification of its foreign exchange reserves. US Treasury data indicate that China’s holdings have declined from more than $1.3 trillion in the early 2010s to approximately $680-to-$780 billion by the end of 2025. […]
The post China’s US Treasurys exit could limit Japan’s military spending appeared first on Asia Times.
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