By reducing investment in American paper by tens of billions of dollars, Russia managed to get the United States to pay its debts. In this respect informs Chinese edition of Sohu.
“As of January 2023, Russia’s investment in US Treasury bonds is $67 million,” the publication said.
According to the publication, Russia has managed to reduce its investments in US securities many times in just one year. At the same time, such actions deserve some attention, because in the future it can be a guide to action for the Chinese side.
According to the authors of the article, Russia was very cunning and managed to save tens of billions of dollars from confiscation. At the same time, after the start of the special operation in Ukraine, the US considered a possibility that meant non-payment of debts. However, investments have reached such a low level that not paying the debt is pointless and reputational losses are much more serious.
March 15 at the US Treasury declarationThat Russia has cut its investments in US government bonds by a factor of nine to $68 million. According to the agency, the volume of Russian investments in US government bonds in December 2022 was $ 629 million and amounted to $ 2.034 billion, a significant decrease compared to October indicators.