China Dumps Record Amount of US Debt Amid Strategic Diversification China sold a record $53.3 billion in US Treasury and agency bonds in Q1 2024, marking a significant shift away from American assets as trade tensions with the US escalate. Analysts interpret this move as a deliberate diversification strategy, with China increasing its gold reserves to 4.9%, the highest since 2015. This trend, coupled with rising geopolitical tensions and potential tariff hikes from both the Biden administration and former President Trump, underscores China’s intent to reduce reliance on the US dollar amidst a volatile economic relationship. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts Historic Debt Costs Loom: 2025 Debt Interest Costs to Exceed World War II Levels READ MORE Historic $14M Digital Yuan Transaction for Gold Marks New Era in Cross-Border Trade READ MORE The New Gold Rush: Why Investors Are Flocking to Bullion in a Strong Market READ MORE SSR Mining Stops Gold Production after Landslide in Turkey READ MORE HSBC: Why Gold Prices Continue to Break Records READ MORE Add a Comment Cancel replyYour email address will not be published. Required fields are marked *Name * Email * Save my name, email, and website in this browser for the next time I comment. Comment