China

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China is preparing for something (lemmygrad.ml)

submitted 2 months ago by cfgaussian@lemmygrad.ml to c/china@lemmygrad.ml

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This as China and other countries continue to dump US Treasury debt at record levels.

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[–] departee@hexbear.net 8 points 2 months ago* (last edited 2 months ago)

Do you have a source? I could only find this

If you're dumb like me you might think this graph is of China's own gold holdings but it has nothing to do with that. This is apparently about China boosting their own exchange venue for gold and encouraging other central banks to store some of their gold in China