During escalating trade and geopolitical tensions (dating back to the COVID-19 pandemic and subsequent diplomatic clashes), Sen Lindsay Graham, Sen Marsha Blackburn and Conservative legal scholars like John Yoo argued that because China "did not follow the rules" regarding global health transparency and trade obligations, it was legally and morally legitimate for the U.S. to strip, cancel, or seize China’s holdings of U.S. Treasury securities as financial compensation
China said thank you for sharing that plan
In 2021, China held $1.1 Trillion of UST and 1948 tonnes of
#Gold
By 2026, China holding ⬇️ 46% to $590.7 Billions of UST and ⬆️ 24% to 2409.6 tonnes of gold