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‘The Trump factor’: why China may benefit as investors diversify from US dollar assets (www.scmp.com)

submitted 3 days ago by rss@news.abolish.capital to c/china@news.abolish.capital

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As the global financial landscape shifts and policy uncertainty grows in the United States, China is likely to emerge as an increasingly attractive destination for foreign investors seeking to diversify away from dollar-denominated assets, according to a veteran Singaporean investor. US President Donald Trump’s push for a weaker dollar, together with recent volatility in gold, silver and cryptocurrencies, has prompted a reassessment of traditional safe havens, positioning China as a potential...

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[–] melsaskca@lemmy.ca 1 points 3 days ago

I like the idea of China benefitting when trump tried so hard to help out his old boss Putin.