Title: Reserves Threatened: China Urged to Dedollarize Its $3.3 Trillion Forex Stash
Post by: Bitcoin on Nov 06, 2024, 05:38 am
Post by: Bitcoin on Nov 06, 2024, 05:38 am
Reserves Threatened: China Urged to Dedollarize Its $3.3 Trillion Forex Stash
Economists are calling on China to curb the risks associated with holding over $3.3 trillion in its forex reserves. The concerns are directed at the possible measures the upcoming U.S. president might take against the country, including tariffs and unilateral sanctions. China Must Dedollarize Forex Reserves to Reduce Risks Economists have assessed China’s standing in […]
Source: Reserves Threatened: China Urged to Dedollarize Its $3.3 Trillion Forex Stash (https://news.bitcoin.com/reserves-threatened-china-urged-to-dedollarize-its-3-3-trillion-forex-stash/)
Economists are calling on China to curb the risks associated with holding over $3.3 trillion in its forex reserves. The concerns are directed at the possible measures the upcoming U.S. president might take against the country, including tariffs and unilateral sanctions. China Must Dedollarize Forex Reserves to Reduce Risks Economists have assessed China’s standing in […]Source: Reserves Threatened: China Urged to Dedollarize Its $3.3 Trillion Forex Stash (https://news.bitcoin.com/reserves-threatened-china-urged-to-dedollarize-its-3-3-trillion-forex-stash/)