China sold $22.7bn of US Treasury bonds due to security concerns, reducing its holdings to $775bn by February-end.

China has sold $22.7bn worth of US Treasury bonds due to security concerns and delayed interest rate cuts, reducing its total holdings to $775bn by February-end. As strategic competition with the US intensifies, China has been diversifying its reserves, raising speculation it could further reduce its holdings. This move aligns with China's unpredictable relations with the US and changing geopolitics.

April 18, 2024
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