China could phase out US Treasuries amid mounting tensions, Global Times reports – Economic Times
SHANGHAI: China may gradually reduce its holdings of U.S. Treasuries and banknotes, in light of mounting tensions between Beijing and Washington, experts said in the state-backed newspaper Global Times. As China-U.S. Relations deteriorate due to various issues including coronavirus, trade and technology, global financial markets are increasingly worried if China would sell the U.S. government […]
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