Popular Posts

▼

Thursday, January 16, 2014

China’s Treasury Holdings Climb to Record in Government Data

China’s holdings of U.S. Treasuries increased $12.2 billion to a record $1.317 trillion in November, data released on the Treasury Department’s website showed.

The figures, scheduled for release at 9 a.m. tomorrow in Washington, were inadvertently posted on the Treasury’s website. Japan’s holdings rose $12 billion to $1.186 trillion, the figures showed.

China’s swelling foreign-exchange reserves, reported today to have reached a world record $3.82 trillion at the end of December, may sustain the nation’s appetite for U.S. debt. Capital inflows and intervention to limit gains in the yuan have contributed to China building up currency holdings that are a third of the global total.
More
at

2 comments:

  1. AnonymousJanuary 16, 2014 at 8:36 PM

    The Communists own our debt and we have a Communist in the White House.

    How did we get here grandpa?

    ReplyDelete
  2. AnonymousJanuary 17, 2014 at 8:04 AM

    no duh because the market is being manipulated and they want china to be the next economic power... Which is why they are decreasing the value of the dollar and helping back the yen... Also why all the high manufacturing jobs went to china, why do you think? because they will have a big boom soon...

    ReplyDelete

Note: Only a member of this blog may post a comment.