Close Menu
  • Entertainment
  • Lifestyle
  • Relationships
  • Tips & Tricks
  • Celebrity Kids
Facebook X (Twitter) Instagram
  • Disclaimer
  • About us
  • Privacy Policy
  • Contribute & Advertise with Us
Facebook X (Twitter) Instagram Pinterest Vimeo
GistFestGistFest
  • Entertainment

    Jennifer Garner and John Miller Share Rare PDA at Charity Event

    June 26, 2025

    Megan Thee Stallion Love Island Appearance: How the Rap Star’s Glam Bikini Look Stole the Show

    June 25, 2025

    Sofia Richie and Elliot Grainge Revisit Lavish Wedding Venue Amid Backlash Over Cheating Rumors

    June 24, 2025

    Sarah Jessica Parker Carrie Bradshaw Role: Why She Found Playing the Role So Emotionally Draining

    June 23, 2025

    Exes Megan Fox and MGK Unveil Their Baby Girl’s Name Following ‘Celestial Seed’ Mix-Up

    June 20, 2025
  • Lifestyle

    Jennifer Garner and John Miller Share Rare PDA at Charity Event

    June 26, 2025

    Megan Thee Stallion Love Island Appearance: How the Rap Star’s Glam Bikini Look Stole the Show

    June 25, 2025

    Sofia Richie and Elliot Grainge Revisit Lavish Wedding Venue Amid Backlash Over Cheating Rumors

    June 24, 2025

    Sarah Jessica Parker Carrie Bradshaw Role: Why She Found Playing the Role So Emotionally Draining

    June 23, 2025

    Exes Megan Fox and MGK Unveil Their Baby Girl’s Name Following ‘Celestial Seed’ Mix-Up

    June 20, 2025
  • Relationships

    Jennifer Garner and John Miller Share Rare PDA at Charity Event

    June 26, 2025

    Megan Thee Stallion Love Island Appearance: How the Rap Star’s Glam Bikini Look Stole the Show

    June 25, 2025

    Sofia Richie and Elliot Grainge Revisit Lavish Wedding Venue Amid Backlash Over Cheating Rumors

    June 24, 2025

    Sarah Jessica Parker Carrie Bradshaw Role: Why She Found Playing the Role So Emotionally Draining

    June 23, 2025

    Exes Megan Fox and MGK Unveil Their Baby Girl’s Name Following ‘Celestial Seed’ Mix-Up

    June 20, 2025
  • Tips & Tricks

    Jennifer Garner and John Miller Share Rare PDA at Charity Event

    June 26, 2025

    Megan Thee Stallion Love Island Appearance: How the Rap Star’s Glam Bikini Look Stole the Show

    June 25, 2025

    Sofia Richie and Elliot Grainge Revisit Lavish Wedding Venue Amid Backlash Over Cheating Rumors

    June 24, 2025

    Sarah Jessica Parker Carrie Bradshaw Role: Why She Found Playing the Role So Emotionally Draining

    June 23, 2025

    Exes Megan Fox and MGK Unveil Their Baby Girl’s Name Following ‘Celestial Seed’ Mix-Up

    June 20, 2025
  • Celebrity Kids

    Sofia Richie and Elliot Grainge Revisit Lavish Wedding Venue Amid Backlash Over Cheating Rumors

    June 24, 2025

    Exes Megan Fox and MGK Unveil Their Baby Girl’s Name Following ‘Celestial Seed’ Mix-Up

    June 20, 2025

    DDG Files Restraining Order Against Halle Bailey

    June 10, 2025

    Angelina Jolie and Brad Pitt’s Divorce Timeline

    June 2, 2025

    Meryl Streep’s Daughter Louisa Jacobson Shares Her and Partner, Anna Blundell’s Plans for Valentine’s Day

    February 14, 2025
Subscribe
GistFestGistFest
Home » China Moves to “Ditch the Dollar” Amid Trade Tensions with U.S.
General

China Moves to “Ditch the Dollar” Amid Trade Tensions with U.S.

OmowunmiBy OmowunmiJuly 8, 20244 Mins Read
Share Facebook Twitter Pinterest LinkedIn Tumblr Reddit Telegram Email
U.S. and China Trading Clash
Source: Pinterest
Share
Facebook Twitter LinkedIn Pinterest Email

In the very first trimester of the year, China sold $53.3 billion in US agency and Treasury notes, setting an all-time record. 

Table of Contents

Toggle
  • Belgium’s Involvement
  • Increased Attention 
  • Possible Repercussions
  • China’s Reaction
  • Strategic Perspectives
  • Transition to Gold-Based Investments
  • Gold Deposit Developments Across the Globe
  • Staying Clear of the Dollar
  • China’s Intelligent Monetary Strategies
  • International Market Responses
  • Professional Evaluation of Market Consequences
U.S. and China Trading Clash
Source: Pinterest

In view of the current trade disputes involving these two countries, the move demonstrates how China intends to broaden its monetary holdings beyond Us assets.

Belgium’s Involvement

Concurrently, Belgium, which is sometimes considered a guardian of China’s assets, sold $22 billion worth of Treasury bonds. 

China's Flag
Source: Pinterest

This big deal is an aspect of China’s larger trend of decreasing its dependency on securities from the US.

Increased Attention 

International speculation has been rekindled by China’s latest massive disposals. 

U.S. and China Trading Clash
Source: Pinterest

This monetary gimmick coincides with a potential worsening of ties between both of the biggest economies in the globe due to recent decisions made by the current administration in the US.

Possible Repercussions

America’s political events are likewise quite important. 

Ex-president Donald Trump
Source: Pinterest

Donald Trump, the former president, hinted at possible tough fiscal measures against China, saying that if elected again, he could implement a tax of over sixty percent on Chinese imports. China’s future financial decisions may be greatly impacted by this political position.

WATCH: The World’s Second Most Populous Country Battles Population “Doom Loop”

China’s Reaction

However, irrespective of the result of the US elections in 2024, hostilities are certain to stay high. Even if Trump is more erratic, both he and Biden have voiced a desire to rely less on China.

U.S. and China Trading Clash
Source: Pinterest

A single point appears to unite the contenders: addressing the trade imbalance with China is imperative, and failure to do so will probably exacerbate friction around both giants.

Strategic Perspectives

Bloomberg Intelligence’s top Asia foreign-exchange and rates analyst, Stephen Chiu, pointed out how there ought to be an apparent reason for shifting beyond US dollar assets.

A picture of dollar notes
Source: Pinterest

Additionally, he made the suggestion that if the US-China trade conflict continues, particularly if Trump wins reelection, China’s sales of US equities may quicken.

Transition to Gold-Based Investments

As a result of offloading dollar assets, China has boosted its gold investments, which as of April represent 4.9% of the country’s official reserves—the largest percentage since records started in 2015. 

China's national bank
Source: Pinterest

This change suggests a deliberate modification to China’s reserve management strategies.

POLL—Do You Support a Single-Payer Healthcare System (Medicare for All)?

Gold Deposit Developments Across the Globe

Gold deposits are rising globally, not only in China. During 2015, nations that are associated with China increased their gold holdings, while the US bloc retained consistent phases. This was noted by Gita Gopinath, the first deputy managing director of the International Monetary Fund, in a recent address. 

The Great Wall of China
Source: Pinterest

The implication, according to her, is that worries about the possibility of penalties may have motivated certain central banks to buy gold.

Staying Clear of the Dollar

China’s persistent sell-off of American bonds suggests a purposeful plan to reduce its dependency on the US dollar. 

Dollar Bill Hanging on a Thread
Source: Quora

The economic strategy is in line with more general geopolitical changes and persistent uncertainty in international trade ties.

WATCH: More Bad News for California Residents Amid New Minimum Wage Hike

China’s Intelligent Monetary Strategies

China has a well-thought-out financial policy that includes selling off a sizable amount of US debt and investing more in gold. 

Dollar Bills
Source: Quora

Its careful attitude to preserving its financial health in the face of shifting worldwide trends is reflected in this diversity.

International Market Responses

These significant purchases by big financial heavyweights like China have an impact on the world marketplace. 

A picture of American stock market
Source: Pinterest

The heightened buying of gold and the withdrawal from US equities might have a significant impact on the global stock market as well as investments.

Professional Evaluation of Market Consequences

Experts are eagerly watching these events because China’s move away from US debt instruments and toward gold may be an indication of larger shifts in the world financial system. 

Fluctuations in economy
Source: Pinterest

The viability of the world economy may be impacted by such behaviors and how various nations approach their finances.

You Might Also Like:

Black Parents Called Out for Giving Son a “Culturally Inappropriate” Name

Immigrant Loses Deportation Battle at Supreme Court After Missing Hearing

Critics Slam Chuck Schumer for Grilling Father’s Day Post

Driver Wins $175K Settlement After Cop Arrested Him for Flashing the Middle Finger

Tennessee City in Chaos After New Assistant Police Chief Exposed as QAnon Believer

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
Previous ArticleChipotle CEO Responds to Public Outcry From Consumers Over Food Quality and Smaller Portion Sizes
Next Article State Farm Demands Massive Rate Increases Amid California Insurance Crisis

Related Posts

General

Jessica Alba Paid Tribute to Estranged Husband Cash Warren on First Father’s Day After Their Split

June 19, 2025
Entertainment

Justin Bieber Tweaks Instagram Post After Revealing Argument Amid Hailey’s Vogue Moment

May 26, 2025
Entertainment

Singer Chris Brown Arrested in the UK for an Alleged Assault Incident From 2023

May 20, 2025
Latest Posts

Jennifer Garner and John Miller Share Rare PDA at Charity Event

June 26, 2025

Megan Thee Stallion Love Island Appearance: How the Rap Star’s Glam Bikini Look Stole the Show

June 25, 2025

Sofia Richie and Elliot Grainge Revisit Lavish Wedding Venue Amid Backlash Over Cheating Rumors

June 24, 2025

Sarah Jessica Parker Carrie Bradshaw Role: Why She Found Playing the Role So Emotionally Draining

June 23, 2025

Exes Megan Fox and MGK Unveil Their Baby Girl’s Name Following ‘Celestial Seed’ Mix-Up

June 20, 2025

Jessica Alba Paid Tribute to Estranged Husband Cash Warren on First Father’s Day After Their Split

June 19, 2025

King Charles’ Father’s Day Message 2025: Subtle Nod to Prince Harry Sparks Speculation of Royal Reconciliation

June 18, 2025

Katy Perry and Orlando Bloom Facing Turbulent Times in Their Relationship

June 17, 2025
About
About

We’re a news, entertainment and lifestyle hub that is dedicated to giving you quality insight on the latest lifestyle news, movie and TV news, celebrity news and lots more.

Contact us: info@gistfest.com

MOST POPULAR

Alina Nikitina: Everything We Know About the Russian Model

October 4, 2023

Jennifer Rauchet: Inside the Life of Pete Hegseth’s Wife

August 30, 2023

Jacob’s Ladder Piercing: All You Need To Know

July 21, 2023

Subscribe to Updates

Get the latest news delivered straight to your inbox!

Facebook X (Twitter) Instagram
  • Disclaimer
  • About us
  • Privacy Policy
  • Contribute & Advertise with Us
© 2025 GistFest. All Rights Reserved.

Type above and press Enter to search. Press Esc to cancel.