BREAKING: #China dumps $4 billion worth of U.S. treasuries in 7 months. 
Discussion
one wonders why they didn't do that earlier
It's just nothing when compared that China still holds nearly a trillion usd worth of US treasury bonds.
4 billion is peanuts now. US creates 1 trillion (1000billion) of new debt each 100 days (3 months). I wouldn't wan't to hold this toxic trash either.
So becoming a net seller after being a record buyer is nothing, LOL
I just wanted to point out that this has been big news maybe few years ago.
Compared to what they once held (>2 trillion) to what remains (~700 billion).
Taken into account that total US debt has at least doubled since, this news is a nothingburger to the well informed.
Peace. ✌️
Ending of the Saudi-US-Petrodollar Deal this weekend might be worth some attention.
The US while trying to defend the dollar status via military dominance is stuffing their debt to those where they might still have a word to say....
Vasalls like Japan, South Korea, Germany...
All facing catastrophic demography and many other problems.
China is just fine.
They have seen it coming since the beginning (1970, Deng XiaoPing...) They just know who they are doing business with.
"Breaking News"😬😁
I really don't want to be a troll. But this is just funny. Sorry. ✌️✌️
"Breaking"?
You're (checks notes...) 7 months late to the comments 🤣