Recently, there has been an interesting development.


China has been reducing its holdings of U.S. Treasury bonds over the past few years, and the scale has now dropped to levels close to those during the 2008 financial crisis.
It has decreased from approximately $1.3 trillion to around $650 billion.
At the same time, China has been continuously increasing its gold reserves.
This simultaneous move of reducing U.S. debt holdings and increasing gold reserves is preparing for a new financial landscape: de-dollarization.
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