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Far from being an expert but from my understanding China’s economy is in a fairly difficult situation at the moment. They are selling because they urgently need
by dgellow 3y ago
Far from being an expert but from my understanding China’s economy is in a fairly difficult situation at the moment. They are selling because they urgently need lot of cash, not because they are afraid of USD value.
- spaceman_2020 3y agoAny country that’s not completely within USA sphere of influence would rationally not want to hold dollars after what they did to Russia’s reserves.