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China Accelerates Gold Accumulation as U.S. Treasury Holdings Hit 15-Year Low
China Accelerates Gold Accumulation as U.S. Treasury Holdings Hit 15-Year Low
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BTCCSquare news:
China's strategic pivot away from U.S. debt exposure has reached a milestone, with Treasury holdings plunging to $682.6 billion in November - the lowest level since the 2008 financial crisis. The 0.9% monthly reduction continues a deliberate diversification into gold and foreign equities, contrasting sharply with record foreign Treasury purchases of $9.355 trillion during the same period.
While Japan reinforced its position as top creditor with $1.202 trillion in holdings and UK/Canadian investors increased exposure by 1.2% and 13% respectively, Beijing's retreat unfolded against the backdrop of Washington's 43-day government shutdown. The divergence highlights growing geopolitical fault lines in global reserve asset allocation.
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