Dollar sell-off claims prompt Chinese reaction

A spokesperson for the People's Bank of China has countered reports in the British media that the central bank plans to use its vast dollar reserves as a political weapon against the United States.

An article in "The Daily Telegraph", a British newspaper, said that China was threatening to sell its dollar reserves, which the article claims amount to $1.33 trillion, so as to trigger a dollar crash.

But the central bank said it was "a responsible investor" and that it "always valued and endeavo

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