www射-国产免费一级-欧美福利-亚洲成人福利-成人一区在线观看-亚州成人

USEUROPEAFRICAASIA 中文雙語(yǔ)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: 91成人网 | 国产精品免费精品自在线观看 | 亚洲综合图片人成综合网 | 免费一级肉体全黄毛片 | 视频在线一区二区三区 | 免费观看一级欧美大 | 99久久精品久久久久久清纯 | 天天澡夜夜澡狠狠澡 | 91久久香蕉 | 欧美久久久久欧美一区 | 久久精品vr中文字幕 | 久久久久女人精品毛片九一 | 国产成人亚洲精品久久 | 九九在线精品视频播放 | 成人公开视频 | 992人人tv香蕉国产精品 | 日本免费在线一区 | 国产国产成人精品久久 | 久草视频精品在线 | 欧美日韩中文一区二区三区 | 一级做a爰全过程免费视频毛片 | 欧美大尺码毛片 | av片免费大全在线观看不卡 | 亚洲香蕉一区二区三区在线观看 | 中文字幕精品一区二区精品 | 久久综合香蕉久久久久久久 | 美女黄色三级 | 在线免费看一级片 | 欧美一级高清片欧美国产欧美 | 久久精品国产午夜伦班片 | 日韩激情中文字幕一区二区 | 日韩欧美~中文字幕 | 国产欧美日韩精品第一区 | 国产成人永久免费视频 | 欧美日韩精品一区二区在线线 | 色综合a怡红院怡红院首页 色综合精品久久久久久久 色综合九九 | 日韩欧美在线观看 | 亚洲免费一级视频 | 伊人色在线观看 | 欧美日本综合一区二区三区 | 亚洲综合网址 |