🔹As long as Russia continues to undertake de-dollarization of the world, China is not going to drastically reduce investment in the US debt market, said Fang Xinghai, deputy head of the China Securities Control Committee.

"China has a fairly high level of savings rate, while China also constantly invests in foreign markets, but American debt is still the ideal choice. As the largest holder of American debt, I do not think China can drastically reduce investment in American debt," - Said at the forum in Davos.

China is the leader in investing in US national debt, investing there over a trillion dollars.