Artem Voloskovets
⬤ Gold is stealing the spotlight as China quietly pulls back from U.S. Treasuries and the dollar. New data shows Beijing has been steadily dumping American debt while piling into bullion—a move that's reshaping the global reserve landscape. According to analyst DefiWimar, this isn't just a temporary shift—it's a full-blown repositioning of China's financial strategy.
⬤ The numbers tell the story: China's Treasury holdings have dropped to around $683 billion, while its dollar reserves have been cut nearly in half—falling from 78% to just 37% of total reserves. At the same time, gold holdings have surged to approximately 74 million ounces. This mirrors a broader trend where central banks now hold more gold than Treasuriesfor the first time in nearly three decades.
⬤ What makes this interesting is the timing and consistency. While Treasury exposure keeps shrinking year after year, gold allocation keeps climbing. This isn't panic selling or a knee-jerk reaction to market volatility—it's methodical rebalancing. The pattern aligns with reports showing gold's reserve share jumping from 14% to 24%as central banks worldwide accelerate buying.
⬤ Why does this matter? When the world's second-largest economy starts reshuffling its reserves on this scale, it sends ripples through global finance. The shift from paper assets to physical gold suggests China is hedging against dollar dominance and building a more diversified safety net. Whether this becomes a blueprint for other nations or remains a China-specific strategy could reshape monetary relationships for years to come.
Artem Voloskovets
