China sold treasure bonds for almost USD 19,000 million in March, indicate official data. The cut led China to third place among the highest US debt holders. The cut marks a trend that can be repeated in the coming months, with a continuous decrease in China's exposure to US debt. A pattern that analysts They link with a broader strategy for reduction of geopolitical and financial risks. Beijing is diversifying its reserves, with the inclusion of assets not called in dollars, such as gold and other currencies, in an effort to reduce its dependence on the US dollar. With this cut, China fell to third place among the largest American debt creditorsbeing exceeded by the United Kingdom, whose holdings rose to 779,000 million dollars. According to official US Treasury data, Japan remains the main holder with more than 1.1 billion dollars in bonds.
China went to third place among treasure bond holders. Source: Ticdata.reasury.gov. The publication of these data is made within the framework of the recent agreement scheduled between Donald Trump and Xi Jinping. Both powers decided to reduce tariffs and suspend a good part of reciprocal rates for 90 days, as reported by cryptootics. The cut by the Chinese government contrasts with the pattern observed in February – when the first tariff measures were implemented – at which time when China had increased their holdings by more than 20,000 million dollars. A decision that surprised many analysts and is associated with a more optimistic vision after Trump's arrival at the White House. But then, when they get rid of treasure bonds, everything indicates that the broader strategy of unfolding is resumed. A movement that China promotes with other countries and strategic allies. The plan is Build an international financial system less dependent on the dollarin the face of possible sanctions or restrictions such as those imposed on Russia in previous years. In fact, in the specific case of Russia, reports of the Eurasian Economic Union claim to have reached a 93% defolarization in regional trade. The announcement was made on May 16 by the Deputy Minister of Economic Development, Dmitry Volive. Meanwhile, the friction between China and the US enters a phase of tense calm. It is likely that, in this period of pause, China's defolarization strategy accelerates, marking a new stage in economic rivalry. The agreement between Trump and Jinping It can be positive for Bitcoin's ecosystem and cryptocurrencies, as recession fears decrease, promoting a rebound in the BTC market. Also, with fewer commercial tensions, hardware for Bitcoin mining in the United States is also stabilized. It is worth noting that, despite the recent actions of China, The amount of American treasure bonds In the hands of foreign countries exceeded 9 billion dollars last March. According to the figures published by the Reuters agency, the global bond holdings reached a new historical maximum: they went from 8.81 billion dollars in February, to more than 233,000 million dollars in March. An estimate that can go against the World Delarization Plan.
