From what I've been reading, China's been using much of the USD it gets from selling exports, to buy US bonds. With China recently loosening its grip on the renminbi in order to make it an international reserve currency, and with more and more Chinese exports being paid in China's renminbi, will china slow down its purchases of US Treasury securities due to not having as much USD on hand? If so will this raise the cost of borrowing for the US?


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