supercat
Colonel
China ended 2025 with a foreign exchange reserve of $3.3579 trillion, by far the largest in the world - about 2.5 times more than the world's second largest forex reserve holder, Japan. Less than $800 billion of China's forex reserve are US Treasuries. At the end of 2025, China's gold reserve is approx.2,389 tons. China should convert its holding of US Treasuries into gold, as much as possible.