June 03, 2024 BY Elizabeth Anderson

De-dollarisation Rumours Surface As China Offloads US Treasuries

Global Finance indicated that China “reduced its holding by more than $100bn in the year through to March 2023”. Global Finance stated that Belgium, which is reportedly a “proxy custodian for China’s debt holdings”, sold over $20bn of US Treasuries during this period. Although many regard this as a directed effort on China’s part, other…

Read more