Bloomberg - Are you a robot?
www.bloomberg.com

China sold a record $53.3 billion of US Treasury and agency bonds in the first quarter of 2024, likely due to escalating trade tensions and a desire to diversify its assets. This move is raising concerns as China is a major holder of US debt and its actions could impact the US economy. Additionally, China has been increasing its gold reserves, potentially as a way to mitigate sanctions risk.

https://archive.ph/6f6XN

  • pumpchilienthusiast [comrade/them, any]
    ·
    6 months ago

    if they had become billionaires by their long-ranged foresight and business acumen rather than privilege, sociopathy, and sheer luck, they would probably be concerned but