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GrainEater@lemmygrad.ml

102

China is preparing for something (europe.pub)

submitted 4 weeks ago by cfgaussian@lemmygrad.ml to c/china@lemmygrad.ml

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This as China and other countries continue to dump US Treasury debt at record levels.

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[–] Commiejones@lemmygrad.ml 12 points 4 weeks ago

I don't know if I would say they are preparing for something so much as them doing the thing itself. If they had slowly built their gold stocks over 5 or 10 years with a sprint at the end that would be preparation. This looks like a reaction to the global situation and maybe an attempt to shape that situation.