Fastepo 
Over the past month, BRICS has seen substantial developments that underscore its growing influence on the global stage, from financial banking system to group expansion. As of August 2024, around 40 to 47 countries from various regions, including Africa, Asia, and South America, have expressed their desire to join BRICS. This loan charge is fueled … Read more
Recently, Japan has been reducing its holdings of U.S. Treasuries, reflecting a significant shift in funding approach. As of April 2024, Japan’s holdings of U.S. Treasuries fell to their lowest level since January 2020, decreasing by 18.5% year-over-year to $1.082 trillion. This trend is driven by rising yields on Japanese government securities, making domestic investments … Read more
China has recently sold approximately $50 billion in US Treasury securities, reducing its holdings to the lowest level in 14 years. This move is part of China’s approach to decrease its dependence on US financial instruments amidst ongoing geopolitical tensions with the United States. As of March 2024, China’s holdings have dropped to $767 billion, … Read more
The U.S. has imposed numerous tariffs and restrictions aimed at curbing Chinese enterprise, an effort commonly referred to as the U.S. trade war with China. Although the intention of the U.S. government has been to negatively impact China’s economic progress, the reality has been the opposite. The trade tensions have led to higher tariffs, policy … Read more
Recent data shows that China has been steadily reducing its U.S. Treasury holdings. In June 2023, China sold $9.3 billion in U.S. Treasury securities, reflecting its plan to diversify reserves and minimize risks associated with U.S. resources. In the first quarter of 2024, China sold a record $53.3 billion worth of U.S. Treasuries. This significant … Read more