China Sells Off Record Amount of Dollar Assets https://sputnikglobe.com/20240518/china-sells-off-record-amount-of-dollar-assets-as-us-remains-the-worlds-bully-1118514205.html Paul Craig Roberts As I pointed out on May 16 — https://www.paulcraigroberts.org/2024/05/16/the-west-has-an-illiterate-financial-press/ — when foreign central banks redeem their US dollar denominated reserves such as US Treasuries, they are paid in dollars. They sell the Treasuries because they are getting out of dollar reserves. As they … Continue reading China Sells Off Record Amount of Dollar Assets