China Leads BRICS in Major Selloff of U.S. Assets This Year
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China sold $16.1 billion in U.S. treasuries and bonds this year, the most its sold in 4 years.
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Chinese institutional investors sold $5.1 billion in U.S. stocks last month.
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In total, China has sold $21.2 billion in U.S. assets including stocks, bonds, and treasuries.
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China is selling U.S. assets to boost the yuan and intervene in markets.
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BRICS combined has sold off $123 billion in U.S. bonds and treasuries this year, led by China.