Dollar sell-off claims prompt Chinese reaction

A spokesperson for the People's Bank of China has countered reports in the British media that the central bank plans to use its vast dollar reserves as a political weapon against the United States.

An article in "The Daily Telegraph", a British newspaper, said that China was threatening to sell its dollar reserves, which the article claims amount to $1.33 trillion, so as to trigger a dollar crash.

But the central bank said it was "a responsible investor" and that it "always valued and

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Geoeconomic reserve management

The world order is evolving. Whether, and how, the international economy remains integrated or shifts into spheres of influence has consequences for central bank policy and reserve management.

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