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A financial war may have just crossed a dangerous line. China’s largest banks are reportedly dumping massive amounts of US dollars after Washington moved to seize and spend Russia’s frozen reserves.

In this breaking US news update, we break down why China’s banks are offloading USD assets, how the US decision on Russian reserves is reshaping global finance, and what this could mean for the dollar’s reserve status, global markets, and the future of the financial system. Analysts warn this could accelerate de-dollarization and trigger long-term economic consequences worldwide.

For sharp, fact-driven coverage of breaking US news, global finance, and geopolitical shocks,
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