China should Reduce its Holdings of US Treasuries, Diversify its Reserves, “There are Alternatives to Investing in the US Dollar”, Chinese Economist

The US political crises and its Debt limit problem is a warning sign for China over its $1+Trillion it holds in US treasuries. Although the crisis is temporarily resolved until January, uncertainties will still remain. Before a deal was reached on Wednesday, Chinadaily.com reported that “Even if the debt impasse is eventually solved before Thursday’s … Continue reading China should Reduce its Holdings of US Treasuries, Diversify its Reserves, “There are Alternatives to Investing in the US Dollar”, Chinese Economist