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Chinese De-Dollarization Accelerates as the Dollar Continues to Rise

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#1 Wed, Apr 8, 2015 - 6:30am
Smaulgld
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Chinese De-Dollarization Accelerates as the Dollar Continues to Rise

From the creation of the Asian Infrastructure Investment Bank, to selling US Treasuries, to creating a SWIFT alternative, to boosting its gold reserves and other anti dollar initiatives, China is making a play to have its currency rival the dollar on the world's economic stage.

Despite these initiatives and others, the dollar continues to rise.

For how long?

https://smaulgld.com/de-dollarization-accelerates-with-treasury-bond-sales-and-creation-of-the-aiib/

Chinese U.S. Treasury holdings chart

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