BEIJING -- China is reducing its holdings of U.S. government debt, with the balance declining 9% through July from the end of last year as sanctions against Russia drive home the risks of relying on the dollar.
Bonds
China cuts U.S. debt holdings 9% in suspected shift to tax havens
Beijing fears possible asset freeze after sanctions on Russian central bank
China's Treasury bond holdings dropped by $100 billion in the first half of 2022. © Reuters
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