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    China scrambles for cover from Wests financial weapons
    Publisher: Nikkei Asia
    2022-04-13

    China scrambles for cover from Wests financial weapons

    The Western-led freeze on Russia's gold and foreign exchange reserves following its invasion of Ukraine alarmed China, highlighting the potential vulnerability of its own foreign reserves. With over half of its $3 trillion in reserves held in U.S....
    The Western-led freeze on Russia's gold and foreign exchange reserves following its invasion of Ukraine alarmed China, highlighting the potential vulnerability of its own foreign reserves. With over half of its $3 trillion in reserves held in U.S....

    Tags: us foreign policy, china, sanctions

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