China accelerates gold buying as it cuts US bonds and hedges sanctions risk - CHOSUNBIZ - Chosunbiz
China accelerates gold buying as it cuts US bonds and hedges sanctions risk - CHOSUNBIZ - Chosunbiz
Source: Chosunbiz
―
DW NOTE
China is swapping Treasuries for bullion while both assets offer positive real yields — that tells you sanctions risk now prices higher than opportunity cost. Beijing isn't hedging inflation, it's hedging Washington.