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Date Posted: 9:30:14 2/22/23 Wed
Author: Jasper
Subject: Noticed the anomalies in all the big box stores we frequent.

Stacks and rows of the same merchandise. Toilet paper spread out to cover empty spots. Storage boxes doing the same. Not much coming in from China and here is a clue as to why. Chiner not accepting more treasuries for their hard work making goods for ungrateful Americans.

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NEW YORK/BEIJING -- China's U.S. government bond holdings hit the lowest in over 12 years at the end of December, while its gold trove grew against a backdrop of American interest rate hikes and bilateral tensions.

Chinese holdings of Treasury securities fell for the fifth straight month in December to $867 billion, data published Wednesday by the U.S. Treasury Department shows.

The figure fell $173.2 billion, or 17%, in 2022 -- the biggest drop since 2016. China was not the only nation to sell down its Treasury holdings -- all foreign holdings of Treasury securities fell 6% in 2022 -- but its move was large.

https://asia.nikkei.com/Business/Markets/Bonds/China-s-U.S.-Treasury-holdings-hit-12-year-low-on-rate-hikes-tensions

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