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

US EUROPE AFRICA ASIA 中文
Business / Economy

Japan bumps China as top holder of US Treasury debt

(Agencies) Updated: 2015-04-16 07:53

Japan overtook China in February as the top foreign holder of US Treasury securities, a position Japan last held in August 2008.

In its monthly report on bond holdings, the Treasury Department said Wednesday total foreign holdings of Treasury debt dipped 0.9 percent in February to $6.16 trillion, down from a record of $6.22 trillion in January.

The holdings of China, normally the top holder of Treasury debt, slipped 1.2 percent to $1.22 trillion. Japan's fell 1.1 percent from January. China's decline was a bit larger, allowing Japan to jump into the top spot, $700 million above China.

China overtook Japan for the top spot in ownership of US Treasury debt in 2008 as the financial crisis and a deep recession pushed up US government borrowing to finance government deficits. The US deficit topped $1 trillion annually for four consecutive years.

Private analysts had been forecasting that Japan would surpass China's holdings of Treasury debt this year given current economic trends in both nations.

China's economy has been slowing and growth of its exports has been tapering, giving the country less to invest overseas. It has also been seeking to diversify those investments, leaving less to invest in US government bonds.

The Japanese central bank, meanwhile, is engaged in an aggressive effort to boost the country's money supply to bolster the economy and fight low inflation. That means there is more money to invest overseas. Japanese investors have been attracted to dollar holdings because of higher rates of return on dollar-denominated investments.

Sung Won Sohn, an economics professor at the Smith School of Business at California State University, Channel Islands, sees those trends continuing, with Japan's holdings of Treasury debt growing faster than China's.

"Economic growth and export growth are slowing in China and as a result China has less money to invest overseas, while Japan's central bank is pursuing policies that will keep the Japanese yen weaker against the dollar and thus make dollar investments more attractive to Japanese investors," Sohn said.

Japan's holdings of Treasury debt are $13.6 billion higher than they were a year ago, while China's holdings are $49.2 billion lower than a year ago.

Hot Topics

Editor's Picks
...
主站蜘蛛池模板: 亚洲国产一区二区三区在线观看 | 91免费视频入口 | 日日舔夜夜摸 | 手机成人免费视频 | 狠狠操五月天 | 日本精品在线观看视频 | av不卡一区| 亚洲图片日韩 | 久久国产高清 | 日韩av手机在线 | 一区二区三区四区免费视频 | 久久国产精品无码网站 | 性网站在线观看 | 播放黄色一级片 | 亚洲人人爱 | 久久综合伊人77777蜜臀 | 日本不卡一区二区三区四区 | www五月天| 久久久国产精品人人片 | 中文字幕成人在线观看 | 五月深爱 | 久久精品在线观看视频 | 麻豆视频91| 爱的天堂 | 视频一区在线播放 | 91在线观看免费高清 | 在线精品免费视频 | 日本中文字幕不卡 | 免费av毛片 | 男女猛烈无遮挡 | 国产一区二区自拍视频 | 香蕉视频免费在线播放 | 中文国产 | 欧美特级黄色大片 | 日本中文字幕免费在线观看 | 久久免费看视频 | 亚洲第一男人天堂 | 午夜不卡影院 | 亚洲色图狠狠干 | 国产日韩欧美视频在线观看 | 殴美一级片 |