Chinese regulators have instructed major banks to reduce their holdings of U.S. Treasuries, aiming to shield the financial system from dollar risks and market volatility. A Dwindling Stockpile In what is seen as a move to insulate its financial system from external shocks, Chinese regulators have reportedly instructed the nation’s major financial institutions to scale […]
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Beijing Urges Lenders to Limit US Debt Exposure Amid Market Volatility
