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Index/Topics/Chinese foreign-exchange reserves

Chinese foreign-exchange reserves

China's incentives to reduce or rotate Treasuries to raise dollars quickly for short-term needs, support the renminbi through FX operations, and diversify foreign-exchange reserves into other assets.

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Jan 31, 2026
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did china sell its debts

has reduced its holdings of Treasuries over the past decade and sold U.S. debt at various points, but the picture is nuanced: data show a steady decline from a 2013 peak and reports of consecutive mon...