De-dollarization: China drops US Treasury bonds, instead buys gold, oil, metals

De-dollarization: China drops US Treasury bonds, instead buys gold, oil, metals

China is reducing its holdings of US Treasury securities. Instead, the People's Bank of China is buying gold, and Beijing prioritizes imports of important commodities like oil and metals. Ben Norton discusses the geopolitical impact of de-dollarization in the world's largest economy.

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