Where Data Tells the Story
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China held $1.32 trillion in U.S. government debt at its peak in 2013. It now holds $682.6 billion, the lowest figure in over a decade.
In the same period, its gold reserves have climbed from roughly 1,054 tonnes to 2,309 tonnes, a stockpile now valued at approximately $388 billion.
That is 57 cents worth of gold for every dollar of the U.S. Treasuries Beijing still holds. A decade ago, that ratio was closer to 10 cents.
Today’s visualization shows a 10-year trend of China’s gold reserves versus its Treasury holdings.
We gathered the data from the U.S. Department of the Treasury and the World Gold Council.