us to reduce support for China investment in two houses or be affected

BCC network Beijing February 11 News (reporter Chaihua intern reporter Marty) according to the Chinese voice "news in the vertical and horizontal" report, repeatedly postponed the United States "two rooms" reform program finally has a new action.　　The US government will gradually reduce its support for Fannie Mae and Freddie Mac and the housing financial markets, repairing the fundamental flaws in the real estate market and strengthening the guard against future crises, according to a housing Mortgage market reform plan issued by the U.S. Treasury Department last night (10th). The US government's reduced support is clearly not good news for China, Japan and other countries that hold large amounts of two-room bonds. It is reported that according to incomplete statistics, the domestic institutions hold "two-room" debt of about 500 billion U.S. dollars. What could the US government do to privatize the two houses? Will the new transition plan make Chinese investment obsolete?　　In response to "China's investment in the U.S. two-room bond loss may be as high as 450 billion U.S. dollars" report, the State administration of foreign exchange said yesterday that the report is unfounded, as of now, China's foreign exchange reserves hold the "two-room" debt service normal. Fannie Mae and Freddie Mac are the top two housing mortgage lenders in the United States. As a pillar of the U.S. housing public policy system, two institutions are underwriting or buying about 50% of real estate loans. This number has reached more than 80% since the subprime crisis. The "two rooms" have and guarantee assets of up to $5.5 trillion trillion.