Is China Dumping the Dollar? - And is Ray Dalio Right about Reserve Currencies?
Patrick Boyle On Finance
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China's Strategic Shift and Global Economics
This chapter explores China's transition from US dollar assets to diversified portfolios, reflecting its strategy to reduce risk through initiatives like the Belt and Road Initiative. It examines the implications of these changes on the perception of the US dollar and discusses political and economic risks tied to current trade dynamics, particularly between the U.S. and China. The analysis further delves into potential economic policies under the Trump administration that could radically alter U.S. debt management and its impact on global markets.
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