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flag China shifts foreign exchange reserves away from US debt, investing more in gold and Asian assets.

flag China is adjusting its foreign exchange reserves by reducing US government debt holdings and increasing investments in non-dollar assets like gold, energy, and Asian trading partners' financial instruments. flag This shift aims to reduce risks from geopolitical tensions and US fiscal deficits. flag China's foreign exchange reserves hit $3.32 trillion by June, the highest in nearly a decade, with gold reserves also rising.

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