China sheds Treasury bonds in a new chapter of the conflict with the U.S. 🧐

Recent data published by the U.S. Department of the Treasury reveals that in March of this year, China reduced its holdings of Treasury bonds, bringing its total holdings to USD 765.4 billion, the lowest level since 2009. 📉

The cut marks a trend that may repeat in the coming months, with a continued decrease in China's exposure to U.S. debt.

Do you think the recent rapprochements between the U.S. and China are genuine?