QCI #085 - China Shifts Investment Focus
Let's Talk Economics!
Since June 11, 2008, China has slowly unwound its US Treasury and US Dollar holdings, from holding almost a third of all US Treasuries to 7.3% of all US Treasuries, and has begun acquiring Gold as it has gone Parabolic over the last three years.
As China saw the United States' Debt-to-GDP ratio rise following the 2008 Economic Crash, it began unwinding its Dollar holdings, reducing its position by half.
Let's take a look at China's holdings shift below:
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