China, which was the largest holder of US government debt as recently as 2019, has cut its holdings to the lowest level since 2008, driven by changing trade patterns, geopolitical concerns, and domestic economic pressures. The Cayman Islands has emerged as an unlikely place to fill the gap. This small British overseas territory held US$427 […]
Author Archives: John P Ruehl
John P Ruehl is an Australian-American journalist living in Washington, DC. He is a contributing editor to Strategic Policy and a contributor to several other foreign-affairs publications. His book Budget Superpower: How Russia Challenges the West with an Economy Smaller than Texas’ was published in December 2022.
