Brad Setser questions claims that China’s banks are desperate for US dollars, saying the case needs more evidence. He points to three offsetting factors, includ

BWB News TV • 2026-08-08 17:21 UTC • By Billy Odell Tucker-Robinson

Brad Setser questions claims that China’s banks are desperate for US dollars, saying the case needs more evidence. He points to three offsetting factors, including state banks’ steady buildup of foreign assets despite currency swings.

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