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...
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China Urges Banks to Cut U.S. Treasury Holdings
Chinese regulators have privately instructed major commercial banks to limit new U.S. Treasury purchases and gradually reduce large holdings due...
Bessent Warns About Chinese Gold-Backed Digital Currency-Led Financial System
The statements of U.S. Treasury Secretary Scott Bessent awakened concerns about a Chinese initiative to back a digital gold token...
174 Americans Hit in $36.9M Crypto Scam as DOJ Hands Prison Sentence
A U.S. court sentenced Jingliang Su, a 45-year-old Chinese national, to 46 months in federal prison for laundering more than...
