bloomberg.com

China Sells Record Sum of US Debt Amid Signs of Diversification (www.bloomberg.com)

China sold a record $53.3 billion of US Treasury and agency bonds in the first quarter of 2024, likely due to escalating trade tensions and a desire to diversify its assets. This move is raising concerns as China is a major holder of US debt and its actions could impact the US economy. Additionally, China has been increasing its...

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