🇨🇳JUST IN: China has spent a record $158.8 BILLION importing over 1,000 tonnes of gold in just eight months. That's 65% more than the $96.5 BILLION it spent on 886 tonnes in all of 2025, per the FT citing Chinese customs data. It comes as China's holdings of US Treasuries fell to $618 BILLION in July, the lowest level since August 2008. The central bank added 20 tonnes in August, its biggest month since 2023, and Goldman Sachs estimates it bought 35 tonnes in July, not the 20 it disclosed.