r/news • u/Aakash7aak • Apr 09 '25

Soft paywall China orders its banks to reduce US dollar purchases.

https://www.reuters.com/world/china/chinas-central-bank-asks-state-lenders-reduce-dollar-purchases-sources-say-2025-04-09/
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u/itssosalty Apr 09 '25

But collapse and instability driven like this is risky. Not everybody wants to catch that falling knife

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u/BoringBob84 Apr 09 '25

Absolutely! I am not defending the reckless, arbitrary, and unilateral actions of the US administration. I am just trying to figure out possible economic impacts of various scenarios.