Total reserves are 11 trillion of which 6 trillion are in US dollars 💵 according to chatgpt. The action of moving money out of the us dollar is called de-dollarizarion. China certainly has an impetus to get out of US dollars after hearing these senators talking about taking Russias foreign reserves from them, akin to a bank not letting you take your cash out. And then actually giving your cash to another country.
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