China’s Bold Move: Shifting from US Treasuries to Bitcoin and Gold Amid Global Tensions
In a seismic shift with far-reaching consequences, China is preparing to slash its US Treasury holdings in favor of Bitcoin and gold, according to BlackRock’s head of thematics and equity ETFs, Jay Jacobs. This bold financial maneuver could send shockwaves through global markets and reshape the future of investing. As of early 2025, China holds…