Over the past decade, China, the world’s second-largest economy, has been methodically reducing its holdings of US government-backed securities. This strategic move has resulted in China’s holdings of Treasury securities dropping to a level not seen in over 14 years, according to the latest data from the U.S. Treasury Department. According to an article by […]
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China Slashes US Treasury Holdings by $518 Billion, Moody’s Lowers US Credit Outlook
