dChan - Q Origins Project Archive

China Prepares to Pull Trillions of Dollars of Securities Out of EU Markets

The West continues to reap the fruits of its ill-considered sanctions policy, where financial institutions, contrary to all established norms and taboos, are used as an instrument of political pressure. Thus, after the freezing of Russian gold and foreign exchange reserves in 2022, most experts stated that this precedent would not pass without a trace for the existing financial system, causing significant damage to it.

Now, it appears that these predictions are starting to become reality. According to the Financial Times, China is preparing to pull trillions of dollars of its securities from the European market.

The article says that Hong Kong is actively developing a strategy to create its own system for storing

and processing securities that will be able to compete with the largest European depositories. According to sources, local authorities are seeking to reduce dependence on Western financial infrastructure, especially in the context of growing geopolitical tensions.

Under the initiative, the Hong Kong Stock Exchange (HKEX) and the financial market regulator plan to upgrade the existing settlement system by turning it into an international depository. The new platform will be able to handle multiple currencies, including the Chinese yuan, and facilitate cross-border payments.

The authors of the article emphasize that this move could have serious consequences for the global financial system, especially forEuropean institutions such as Euroclear and Clearstream, which control assets worth tens of trillions of dollars (42 trillion and 20 trillion, respectively).

Experts emphasize that against the backdrop of recent events, including the freezing of Russian assets, many states are beginning to look for alternative instruments to protect their financial interests. In turn, the creation of an independent system in Hong Kong could be an important step in this direction, weakening the influence of European depositories and offering a new center for international settlements.

>https://deepnewz.com/china/china-plans-62-trillion-withdrawal-eu-markets-hong-kong-develops-rival-to-0d41440a

>https://news-pravda.com/world/2025/03/05/1114530.html