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China Holds 2,366 Tons Of Gold As Yuan Ambitions Grow
China no longer settles for gold alone, but is building the infrastructure of a new monetary order. After 22 consecutive months of acquiring the yellow metal, Beijing would be consolidating the bridges between gold and yuan, while its exposure to U.S. Treasury bonds is declining. We are therefore witnessing the beginnings of a "Yuan-gold" standard likely to reduce dependence on the dollar. L’article China Holds 2,366 Tons Of Gold As Yuan Ambiti…
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