- China sold a record $53.3 billion worth of Treasurys and agency bonds in the first-quarter, Bloomberg reported.
- It previously unloaded US debt to prop up its yuan, which has again grown weak against a rallying dollar.
- The country is piling into gold, which now makes up the highest share of its reserves since 2015.
China Ramps up De-Dollarization by Dumping a Record Amount of US Bonds
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