China is doing something that isn't very noticeable, but no one dares to ignore it.

On one hand, they are still buying U.S. Treasury bonds.
On the other hand, they are making large-scale gold purchases.
This is not a coincidence; it is intentional.
Reducing dependence on the U.S. dollar has been part of China's long-term strategy. After the Russia-Ukraine war, the world saw the power of sanctions—Russia's dollar reserves can be frozen at any time.
This has led every "non-Western" country to ask the same question:
"What if it's me next time?"
Gold is different. Gold doesn't rely on credit, isn't subject to sanctions, and no country can freeze another country's gold.
China is not the only one doing this, but China is the largest buyer.
De-dollarization has been talked about for many years.
Now, it is truly beginning. #Gate广场四月发帖挑战