Another point to consider is that China has lots of US dollars that America owes
They may prefer to reduce those paper US dollars and get something of real value quickly rather than save them
And to control one of the biggest resources equates to China having a strategic advantage leaving others at a disadvantage
IMO money is not their main priority
My opinion
G48
Another point to consider is that China has lots of US dollars...
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Last
1.0¢ |
Change
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Mkt cap ! $20.72M | |||
| Open | High | Low | Value | Volume |
| 0.9¢ | 1.0¢ | 0.9¢ | $47.68K | 5.278M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 400000 | 0.9¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.0¢ | 6370837 | 8 |
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| Last trade - 16.10pm 25/07/2025 (20 minute delay) ? |
| EXT (ASX) Chart |