China sells US Dollar debt and instead stockpiles Gold

China has been boosting its gold bullion reserves, while selling US Treasury debt, according to a report on Baijiahao. Amid the growing de-dollarization trend and increased awareness of the importance of diversification of foreign exchange reserves, starting in 2022, China began to sell US Treasury debt and use the dollars to stock up on gold. … Continue reading China sells US Dollar debt and instead stockpiles Gold