China must cut US treasuries in ‘orderly’ fashion, maintain balance of trade amid rising risks: ex-central bank adviserUnited States & Canada – South China Morning Post

Source: United States & Canada – South China Morning PostEconomist Yu Yongding says China should be aware of the US debt crisis and Washington’s ‘weaponising’ of the US dollar, and cut its Treasury holdings and maintain a ‘balance’ of trade with the rest of the world.Read More

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