Beijing will respond to US sanctions by selling US government debt

Against the background of the growing risk of imposing sanctions by Washington, which includes the seizure of Chinese assets in the United States, Beijing is increasingly thinking about reducing the portfolio of US government bonds.

At the same time, China can not only get rid of the need to keep its international reserves in American securities, but also get the status of "financial plus" in conditions when all countries are gradually abandoning a full-fledged orientation to the dollar, writes RIA Novosti.

China's economic policy is moving on its own path, said Yves Bonzon, investment director at the Swiss bank Juliues Baer.  According to him, the country's Central Bank in the future can not only free itself from the domination of the United States, but also become an example for other Asian countries.

According to The Street, Beijing may seek help from Russia for advice on ditching the dollar.  It is known that in 2011 the stocks of US Treasury bonds in the Russian Central Bank were $ 175 billion.  They've been reduced to zero by now