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 / Markets

Nation's US debt holdings increase in May

By Amy He in New York (China Daily) Updated: 2014-07-18 07:17

China increased its holdings of US government securities in May, data from the US Treasury Department showed on Wednesday.

The Treasury International Capital report showed that China acquired $7.7 billion in US securities, up 0.6 percent from April, bringing the country's total to $1.27 trillion.

It marked the first time China purchased US securities since January. It purchased a record amount of securities in November, and then began to reduce its holdings.

Japan remained the US' second-largest creditor, adding $10.4 billion and bringing its total to $1.22 trillion.

Foreign countries were net purchasers of long-term US securities, buying $19.4 billion. In April, they were net sellers, reducing holdings by $24.2 billion.

Nation's US debt holdings increase in May 
Foreign companies yet to tap full potential of renminbi in trade 
The total of all foreign acquisitions of long-term securities, short-term securities and banking flows in May was a net inflow of $35.5 billion, the Treasury said.

Brazil, where Chinese President Xi Jinping is attending the sixth BRICS summit, picked up $4.3 billion in reserves, a much larger amount than in previous months. Brazil now has $250.1 billion in US securities, the largest amount since its $252.9 billion total in August of last year.

Cheng Chen, US rates strategist at TD Securities, said that China's debt activity was in line with expectations.

Wayne Morrison, a specialist in macroeconomic policy at the US Congressional Research Service who has written about China's US securities holdings, said that China's total holdings are "still below their historic highs, so this is not a big deal per se".

Kent Troutman, research analyst with the Washington-based Peterson Institute for International Economics, said the Treasury's data mirrors activity shown in the Chinese central bank's recent release on the country's foreign exchange reserve accumulation, which reflects activity from the second quarter.

China's reserves increased about $50 billion and with the trade balance bouncing back and an increase in foreign direct investment, appreciation pressure is rising.

"From the rise in the foreign currency reserves and the rise in holdings, we can surmise that the People's Bank of China has been intervening in the foreign exchange market, albeit at lower levels than previous years," he said.

"Overall, the (foreign exchange) numbers were a disappointment to many who thought that, after months of claiming that the recent weakness in the renminbi was market-driven - and several data points seemingly corroborating that - the PBOC had indeed ceased its intervention," said Troutman.

As of June 30, China's foreign reserves totaled $3.99 trillion, up from $3.948 trillion as of the end of the first quarter.

During last week's two-day Strategic and Economic Dialogue in China, US Treasury Secretary Jack Lew pressed China to strengthen the value of the yuan. PBOC Governor Zhou Xiaochuan said that the central bank will gradually reduce intervention as "conditions permit".

Nation's US debt holdings increase in May
Nation's US debt holdings increase in May
 Managing?forex reserves Top 10 most-used currencies in the world 

Hot Topics

Editor's Picks
...
...
主站蜘蛛池模板: 欧美做受视频 | 少妇av一区二区三区 | 在线免费中文字幕 | 国产a久久麻豆入口 | 日本一区视频在线 | ww.av| 日本白浆 | 亚洲天堂国产精品 | 成人性生交大片免费看r链接 | 日本精品视频 | 国产色自拍 | 青青青草视频在线观看 | 国产精品suv一区二区69 | 亚洲天天影视 | 动漫av网 | 精品无码三级在线观看视频 | 亚洲v欧美| 成人在线观看网址 | 免费成人av | 欧美在线资源 | 菊花综合网 | 天天综合天天做 | 伊人久久精品 | 亚洲视频入口 | 亚洲一区二区免费视频 | 中文字幕亚洲区 | 91色在线视频 | 牛牛影视av | av超碰| 久久久久久久久久久国产精品 | 欧美三级小视频 | 波多野结衣亚洲色图 | 久久色在线观看 | 精品视频久久久久久久 | av在线免费观看不卡 | 日韩一级片免费 | 成人免费看毛片 | 天天看毛片 | 91久娇草 | 91尤物国产福利在线观看 | 国产视频自拍一区 |