T.H.E.M.
¨We believe in the judgment; we believe this first judgment will take place as God revealed, in America...¨
T.H.E.M.
¨We believe in justice for all, whether in God or not; we believe as others, that we are due equal justice as human beings.¨
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. © ReutersIORI KAWATE, Nikkei staff writer
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.
China’s Treasury bond holdings came to $970 billion at the end of July, U.S. Treasury Department data shows — a small increase from June, preceded by seven straight months of declines. While the total has been trending lower since 2018 amid the trade war between Washington and Beijing, it sank by $100 billion, or nearly 10%, in the first half of 2022 alone…….More Here
Click here for reuse options!Copyright 2022 Hiram's 1555 Blog