Beijing Urges Lenders to Limit US Debt Exposure Amid Market Volatility

2 hours ago

Chinese regulators have instructed major banks to

Beijing Urges Lenders to Limit US Debt Exposure Amid Market Volatility

Beijing Urges Lenders to Limit US Debt Exposure Amid Market Volatility

Chinese regulators have instructed major banks to reduce their holdings of U.S. Treasuries, aiming to shield the financial system from dollar risks and market volatility. A Dwindling Stockpile In what is seen as a move to insulate its financial system from external shocks, Chinese regulators have reportedly instructed the nation’s major financial institutions to scale […]

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