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China's forex reserves rise to $3.1175 trillion in November

beijingwalker

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China's forex reserves rise to $3.1175 trillion in November​


Source: Xinhua
2022-12-07 16:33:45

BEIJING, Dec. 7 (Xinhua) -- China's foreign exchange reserves rose to 3.1175 trillion U.S. dollars at the end of November, up 2.13 percent from a month earlier, data from the State Administration of Foreign Exchange showed Wednesday. ■

 
Likely doing Biden bidding after Xi-Bidden rendezvous. China USD forex dropped like crazy over the years.
 

China's forex reserves rise to $3.1175 trillion in November​


Source: Xinhua
2022-12-07 16:33:45

BEIJING, Dec. 7 (Xinhua) -- China's foreign exchange reserves rose to 3.1175 trillion U.S. dollars at the end of November, up 2.13 percent from a month earlier, data from the State Administration of Foreign Exchange showed Wednesday. ■

Hope fully they are converting all that from $$$ to Gold or something tangible . US will freeze all the funds in a heartbeat in case of conflict .. my suggestion turn the $$$ in to "OIL or Gas in the ground "..If I were Chian I would buy some actual OIL/Gas fields in Iran (the entire field) :undecided:
 

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