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BRICS member China is leaving no stone unturned and is selling US dollar-denominated bonds and Treasuries on a larger scale. China has sold nearly $8.2 billion worth of Treasuries in April 2025, according to the latest data released by the the US Treasury Department. The sell-off comes after Trump imposed sweeping tariffs on many countries in early April on Liberation Day. Also Read: China Grants 53 Countries Tariff-Free BRICS Market Access In a BRICS counter-attack measure, China sold the US dollar-denominated bonds and Treasuries trimming their holdings in American assets. The Communist country is cutting ties with America-funneled assets and accumulating gold in its central bank reserves instead. Apart from gold, they are also diversifying reserves with other leading local currencies to end dependency on the US dollar. BRICS: China Cutting Ties With US Dollar Treasuries, Bonds Source: scmp.com Data shows that BRICS member China held $1,350 billion worth of US dollar Treasuries and b...

China US trade talks have gained significant momentum in recent weeks as both economic powerhouses return to the negotiating table, despite, well, lingering concerns over Trump tariffs. This strategic pivot, at the time of writing, appears to be weakening Russia’s de-dollarization strategy and also reshaping the global economic power shift, especially as China seems to choose economic pragmatism over its alliance with Moscow. Also Read: BlackRock & SEC Clash Over Cardano’s Aggressive Pivot How China Prioritizes US Trade Over Russia’s Currency Revolt Recent developments in China US trade talks indicate that Beijing has, in fact, made a calculated decision to reengage with Washington, even as it continues to maintain diplomatic ties with Russia. Beijing’s Economic Pragmatism Chinese officials have been quietly working to reestablish meaningful trade dialogue with the United States. The renewed China US trade talks come at a time when Trump tariffs continue to impact bila...

The growing de-dollarization sentiment has been troubling to the American economic front. The US dollar’s value and prestige have seen a substantial decline over the last decade. China, in particular, has spearheaded the move away from the greenback. The BRICS bloc of nations, in general, has expressed a desire to trade using alternative currencies. But China has single-handedly made significant inroads in this regard. Also Read: PEPE Hits Key Bollinger Zone: Another 20% Rally Incoming? BlackRock CEO Picks US Dollar Replacement Source: DL News While China has made considerable advances for the de-dollarization agenda, the yuan may not be the currency that dethrones the almighty US dollar. According to BlackRock CEO Larry Fink, it’s not the yuan or gold that may replace the US dollar as the global reserve currency, but Bitcoin (BTC). Also Read: Trump Moves to Impose 100% Tariff on All Foreign-Made Films In a recent letter to shareholders, Fink explained why the US dollar...

With both sides engaged in negotiations, a new report suggests China has offered to address the ongoing fentanyl crisis to revive US trade talks. Indeed, Beijing is reportedly exploring ways to address the Trump administration’s concerns over China’s role in the drug trade, according to the Wall Street Journal. Both sides are currently facing off in a tariff war as geopolitical tensions reach a fever pitch. A recent report suggests that both sides are willing to engage in negotiations to eliminate the reciprocal import duty increases that have set the stage for a potential trade war. JUST IN: China offers to address US fentanyl concerns to revive trade talks. — Watcher.Guru (@WatcherGuru) May 2, 2025 Also Read: China Evaluates US Talks as 125% Tariff Clock Ticks Down China Offers to Address Fentanyl Concerns From Trump Administration in Revived Trade Talks For the last month, all eyes have been on the ongoing tensions between the US and China. Indeed, the nations are engage...

Since January 20, 2025, Donald Trump has been on a fierce tariff spree, deploying a variety of tariffs on countries and products on the go. His aggressive policy stance is inclined towards bolstering the US economy through extensive tariff deployment. Trump has long been portrayed as a tariff proponent, a believer in the aforementioned policy to track and lower trade deficits. Here’s a complete list of trade tariffs that Trump has imposed on countries and products as of now. Also Read: Metaplanet’s Bitcoin Pivot Propels Stock to 3,600% Surge in 12 Months Trade Tariffs On Nations Source: Axios Trump has imposed tariffs on a variety of new arenas, on nations and products, in his effort to prioritize the US economic welfare. 1. Mexico and Canada Trump has imposed 25% tariffs on Mexico and Canada. Both nations have always been key traders of the US. The tariffs were primarily imposed to curb illicit fentanyl and migrant trafficking into the US. These tariffs, however, are currently on...

BRICS members China and Iran are sticking through thick and thin after the Islamic Republic launched missile attacks on Israel. China came out in full support of Iran and is strengthening its diplomatic relations with the Islamic nation. Not just China, BRICS member Russia is also hailing Iran and supporting the regime after the drone attacks on Saturday. Also Read: BRICS Supports Cryptocurrency for Global Trade, Not US Dollar JUST IN: China says diplomatic relations with Iran remain strong following attack on Israel. "China is ready to steadily advance practical cooperation in various fields with Iran and promote greater development of China-Iran relations." pic.twitter.com/zMUo1BfBO8 — BRICS News (@BRICSinfo) April 16, 2024 China is the largest buyer of Iranian oil and the US had warned the Communist nation not to procure crude oil due to the economic sanctions on the Islamic Republic. However, BRICS member China has now vowed to continue buying cr...

Chinese authorities are significantly preparing to amend their anti-money laundering (AML) regulations. According to regional media reports, Beijing is set to amend its anti-AML rules to include crypto currency-related transactions amid calls for greater scrutiny of the nascent crypto industry from the country’s policymakers. This will be the first significant overhaul of China’s AML rules in 17 years since they were introduced in 2007. Prime Minister Li Qiang chaired the executive session of the State Council to discuss the revised AML law. The country’s first revised draft of anti-money laundering regulations was proposed in 2021, and the revised draft was included in the State Council’s legislative work plan in 2023 and will be signed into law by 2025. You might also like: China’s central bank lists crypto-assets in financial stability report In September 2021, the Chinese government also banned all crypto currency transactions, saying that usi...