日批在线视频_内射毛片内射国产夫妻_亚洲三级小视频_在线观看亚洲大片短视频_女性向h片资源在线观看_亚洲最大网

Money

China ups Japanese bond holdings in June

(Agencies)
Updated: 2010-08-09 09:18
Large Medium Small

China bought more Japanese bonds than it sold for a sixth straight month in June, heading for the biggest annual increase since at least 2005.

China purchased a net 456.4 billion yen ($5.3 billion) of Japanese debt in June, following a record net buying of 735.2 billion yen in May, according to a report released today by the Ministry of Finance in Tokyo.

The dollar's slide against all 16 major currencies monitored by Bloomberg since the start of June has reduced the attractiveness of US assets for some investors. China should pare its holdings of dollar assets to counter the risk of a "sharp depreciation," former adviser to the central bank Yu Yongding wrote in the China Securities Journal last month.

"China may want to diversify risks in its foreign reserves," Hiroaki Muto, a senior economist at Sumitomo Mitsui Asset Management Co in Tokyo, said before the report. "It may prefer yen assets as it wouldn't want the drop in the dollar to erode the value of its assets."

At $2.45 trillion, China's foreign-exchange reserves are the world's largest. It held $867.7 billion of US treasuries at the end of May, down from $900.2 billion in April. Japan, South Korea, Singapore, and India, and China's Taiwan and Hong Kong regions, are also among the world's 10 biggest holders of reserves that reduced their ownership of US government debt that month.

Welcome Purchases

Luring more foreign investors to Japanese government bonds is critical for the government as a shrinking domestic population threatens to erode the pool of savings that has sustained demand for the debt. Finance Minister Yoshihiko Noda last month said China's purchases are welcome given policymakers' efforts to diversify the investor base of bonds.

Related readings:
China ups Japanese bond holdings in June China's FX reserves not 'atomic weapon': SAFE
China ups Japanese bond holdings in June 
China's forex reserves reaches $2.45t
China ups Japanese bond holdings in June China buys a net $8.4b of Japan bonds in May
China ups Japanese bond holdings in June China sets new record investment in Japan bonds amid euro crisis

About 95 percent of Japan's debt is held domestically, which sovereign-debt agencies have said supports the country's creditworthiness even as borrowings approach 200 percent of gross domestic product. In a sign that base is waning, Japan's public pension fund, a holder of 12 percent of outstanding debt, sold more government bonds than it bought for the first time in nine years.

Japan has been bolstering its ties with China, which became its largest customer for exports in 2009. Japanese shipments to China tripled from 2000 to 2009, and Chinese demand has helped sustain Japan's recovery from its deepest postwar recession.

Japan's government revised how it calculates bond-purchase data in 2005.?The latest?figures don't include breakdowns of government bonds, corporate debt and other securities.

主站蜘蛛池模板: 三级天堂| 欧美亚洲在线视频 | 99精品小视频| 男人天堂久久 | 男女性高潮免费网站 | 欧美黄色大片免费看 | 国产第一页浮力 | 国产 日韩 欧美 综合 | 日日干日日插 | 在线观看国产小视频 | 日本高清www免费视频 | 亚洲天天综合 | 69福利区 | 免费欧美一级 | 日本在线一级 | 亚洲第一毛片 | 国产激情图片 | 国产精品成av人在线视午夜片 | 中文字幕第27页 | 亚洲精品白浆高清久久久久久 | 日韩在线观看不卡 | 免费在线视频一区二区 | 久久久久久久成人 | 91亚洲在线 | 永久中文字幕 | 蜜色视频 | 男人的天堂影院 | 国产一区二区三区在线看 | 91成人免费看 | 日本韩国欧美中文字幕 | 国产视频一区二区在线 | 亚洲国产美女 | 日韩精品中文字幕在线播放 | 国产精品视频自拍 | 一区二区三区精品在线 | 成人免费一区 | 亚洲一区精品在线观看 | 国产一区二区三区在线看 | 一级黄色在线 | 91狠狠操 | 国产色图片|