China's March increase in U.S. debt experts said investment in the US remains safe
Source: Internet
Author: User
KeywordsOverweight to the United States experts said
China has increased its holdings of $15.1 billion trillion in U.S. Treasuries in September, the third consecutive month of China's increased holdings of U.S. Treasuries, the US Treasury released its latest report, local time 16th. At this point, China's holdings of US Treasuries amounted to $883.5 billion trillion, continuing to be America's largest creditor. But since May and June this year, China's two-degree reduction in U.S. Treasury bonds, the Chinese holdings, the U.S. Treasury Holdings has not yet resumed the first half of this year's level. Japan and Britain, the second and third largest creditor of the United States, also increased their holdings in September, the report showed. In September, Japan held a total of $865 billion trillion in US Treasuries, an increase of $28.4 billion from August. The UK holds a total of $459.1 billion trillion in US Treasuries, which is also above $449.5 billion trillion in August. By the end of September this year, foreign creditors held a total of about $4.269 trillion trillion in US Treasuries, up 53.7 billion dollars from last month. In this calculation, China currently holds about 20.7% per cent of the total foreign creditor holdings. Zhao Xijun, deputy dean of the School of Finance and Finance of Renmin University of China, said that in the global allocation of financial assets, 60% are dollar assets, our country as an international "big buyer", only in proportion to the allocation of assets to buy, the market can be balanced. "For example, if our country eats up a large proportion of the lower financial assets, the price of that asset is likely to rise rapidly." "This is why it is impossible for China to" withdraw "US Treasuries and buy gold on a large scale," Zhao Xijun said. Zhao Xijun also said that in the context of the current uncertain global economic growth prospects, all countries have a risk of assets, and relatively speaking, investment in U.S. Treasury bonds is a safer area. For some scholars put forward, part of the foreign exchange reserves through loans and other forms to the enterprise, by the main body of the overseas investment, Zhao Xijun not agree. "At present our country also lacks very familiar with the international market, is good at grasps the financial risk the investment talented person, many enterprises in the overseas investment in vain has paid the huge amount ' tuition '." "(Shen)
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