China should move reserves out of US Treasuries
China has built a foreign exchange-earning economy and accumulated US$3.3 trillion in reserves over the past few decades, but such policies are outdated and need to be adjusted. Amid the Russian-Ukrainian conflict, the United States has punitively frozen $300 billion worth of Russian reserves. The incident shows that it is completely possible for the US … Continue reading China should move reserves out of US Treasuries
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