日韩精品久久一区二区三区_亚洲色图p_亚洲综合在线最大成人_国产中出在线观看_日韩免费_亚洲综合在线一区

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: 性高湖久久久久久久久aaaaa | 久热久热 | 污视频免费观看网站 | 三级黄毛片 | 成人18网站| 久久青 | 日韩有码一区二区三区 | 欧美一区二区三区中文字幕 | 日韩一级片在线免费观看 | 天天爽夜夜爽 | 在线观看国产wwwa级羞羞视频 | 日韩在线高清视频 | 狠狠影院 | 久久国产精品99久久小说 | 国产高清视频 | 婷婷国产 | 国内精品一区二区在线观看 | 成人久久18免费软件 | 在线观看亚洲一区二区 | 婷婷色综合久久 | 色综合久久天天综合观看 | 波多野一区二区三区在线 | 日韩精品一二三区 | 国产高清在线91福利 | 在线中文天堂 | 一本色道精品久久一区二区三区 | 亚洲高清视频在线观看 | 91茄子国产线观看免费 | 高清午夜线观看免费 | 国产乱码视频 | 国产精品免费一区二区三区 | 欧美成人精品一区二区三区 | 夜精品一区二区无码A片 | 人人看人人舔 | 国产毛片av | 成人伊人 | 97超级碰碰碰碰在线视频 | 久久综合九色综合97欧美 | 国产精品爽爽va在线观看网站 | 国产精品一区久久久久 | 欧洲一区二区在线 |