n US-China competition, the amount of gold the Chinese Communist Party owns can be used as a weapon against the U.S. and the dollar.. Officially, the United States leads the world in gold reserves, and China ranks number six. However, China has hidden its actual gold holdings in quasi-government accounts. Beijing has guarded its actual gold reserve as a top secret. So, how much gold does the CCP have? And does China’s strategy in weaponizing gold work?
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