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

USEUROPEAFRICAASIA 中文雙語Fran?ais
Business
Home / Business / Finance

US debt holdings increase in August

By Cai Xiao | China Daily | Updated: 2017-10-19 07:18

China's holdings of US treasuries rose for a third consecutive month in August to the highest in a year on the back of rising foreign exchange reserves and expectations that the greenback may appreciate further.

The country's total holdings of US bonds, notes and bills rose by $34.5 billion on a monthly basis in August to $1.2 trillion, according to data from the US Treasury Department on Tuesday.

Japan, which overtook China as the largest holder of US treasuries last October, cut its holdings by $11.4 billion to $1.1 trillion in August.

"China has continued to increase its holdings of US treasuries as it had a trade surplus and forex reserves were increasing," said Deng Haiqing, chief economist of JZ Securities, adding that other factors like a weaker euro had also prompted the purchases.

China's foreign exchange reserves rose to their highest level so far this year in September to $3.11 trillion, marking a growth for the eighth straight month.

Cross-border capital flows and the foreign exchange market's supply-demand situation were generally balanced, while the rise in asset prices in global financial markets has pushed the growth in foreign exchange reserves, a statement from the State Administration of Foreign Exchange said in September.

In January, China's forex reserves plunged below $3 trillion, but with economy moving on to a firmer footing and the yuan stabilizing, the stockpile has increased steadily since February.

Ding Shuang, an economist with Standard Chartered, said higher holdings of US treasuries can be profitable for China as the US currency is expected to rebound by the end of this year.

By the end of August, overall foreign holdings of US Treasury securities rose to $6.27 trillion from July's $6.25 trillion. Data also showed that foreigners bought US Treasuries to the tune of $11.49 billion in August, after selling $490 million in July.

Yields on the benchmark 10-year US Treasury notes at the beginning of August were 2.25 percent and ended the month at 2.12 percent.

Most Viewed in 24 Hours
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
 
主站蜘蛛池模板: 日韩黄色片网站 | 国产黄色一级大片 | 国产第一福利影院 | 色妞综合网 | av午夜影院 | 午夜精品免费观看 | 一区二区三区视频免费在线观看 | 亚洲天堂影院 | 香蕉网站在线 | 99视频热 | 张津瑜国内精品www在线 | 免费特级黄毛片 | 99热国产在线 | 午夜视频| 国产一区二区三区高清 | 欧美视频一二三区 | 欧洲久久久久 | 日韩小视频在线 | 国产精品自拍一区 | 激情综合网五月天 | 久草免费在线观看视频 | 91在线视频免费 | 中文字幕亚洲欧美日韩 | 中文字幕在线二区 | 天天在线免费视频 | 欧美脚交视频 | 日韩一区二区在线观看视频 | 性xxxx视频播放免费 | 成人国产精品视频 | 国产亚洲精品久久久久动 | 国产精品美女www爽爽爽视频 | 国产小视频你懂的 | 特黄特色大片bbbb | 亚洲欧美视频在线 | 亚洲最大黄网 | 嫩草亚洲 | 在线看一区二区 | 久久久久久久久网站 | 欧美偷拍视频 | 在线观看17c | 伊人网在线免费观看 |