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China urges banks not to buy US debt

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https://asiatimes.com/2026/02/china-moving-early-as-confidence-in-us-debt-frays/

China is urging its biggest banks to curb their exposure to US Treasuries, a calculated intervention in the plumbing of global finance that reveals something uncomfortable about where Asia believes risk now sits.

Chinese regulators have instructed large banks to stop adding to already heavy positions in US government debt and to reduce exposure where it has become excessive.

Little late for that.

About time.

More countries should do the same.

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