Mike Shedlock says official data may understate China’s true U.S. Treasury holdings, with exposure potentially routed through state-owned enterprises and other channels. The claim challenges a key gauge of Beijing’s role in the Treasury market.
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Mike Shedlock says official data may understate China’s true U.S. Treasury holdings, with exposure potentially routed through state-owned enterprises and other channels. The claim challenges a key gauge of Beijing’s role in the Treasury market.
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