Group 1 - China's recent reduction of $28 billion in U.S. Treasury bonds marks a significant shift, being the first reduction in 16 years [1] - The reduction of U.S. Treasury holdings to $756.3 billion is the lowest level since 2009, raising concerns about the sustainability of U.S. debt [10] - China's continuous increase in gold reserves to 2,299 tons over the past eight months serves as a strategic move to diversify its financial assets [1][15] Group 2 - The reduction of U.S. Treasury bonds is part of a broader strategy to de-dollarize and build a more diversified international financial system [14][18] - The ongoing financial tensions between China and the U.S. reflect a deeper transformation in the international financial landscape, potentially signaling the decline of dollar dominance [24][26] - China's approach contrasts with Russia's reactive measures, showcasing a proactive strategy in managing financial risks and maintaining financial security [20][22]