1.2 TRILLION of U.S. Dollar exposure just got erased from China's balance sheet.
- China's FX reserves dumped from $3.99T to $3,31T
- China's U.S. Treasuries holdings dumped from $1.32T to $683B.
And at the same time, China’s gold holdings pumped to ~74.19M oz, about $370 BILLION.
Question is China exiting the system?
Source ~ Wimar.X