# Gold Reserves

Beijing’s Great Unwinding: The Strategic Logic Behind China’s $650 Billion Exit from U.S. Debt

China has halved its U.S. Treasury holdings from a 2011 peak of $1.3 trillion to roughly $650 billion, marking a strategic pivot toward financial autonomy. This divestment is paired with a massive increase in gold reserves and a broader effort to insulate the Chinese economy from the 'weaponization' of the U.S. dollar.