In the past these foreign assets have mostly been in the US, but if China were to start buying non-US assets while, at the same time, selling off part of its existing US holdings, this would mean a major redirection of asset purchases, mainly to the EU and Japan.
In the past these foreign assets have mostly been in the US, but if China were to start buying non-US assets while, at the same time, selling off part of its existing US holdings, this would mean a major redirection of asset purchases, mainly to the EU and Japan.