International Monetary Fund

China violates Malaysian airspace; Share of USD reserves with central banks globally falls to 59%

China violates Malaysian airspace   China has violated Malaysian airspace. The Malaysian air force detected 16 Chinese fighter jets flying within 60 nautical miles off their Sarawak state. This is the region where China is trying to lay its claim as per the ‘Nine-dash line’. Not only Malaysia and other countries in the region, but also the international tribunal have rejected this ‘Chinese line’. As usual, China has denied wrongdoing