 |
 |
 |
 |
 |
 |
 |
 |
 |
 |
| . |  |
. |
Washington (AFP) Feb 28, 2011 China's holdings of US bonds reached $1.16 trillion at the end of December, almost $270 billion more than previously estimated, new data showed Monday. Beijing, which has converted much of a huge trade surplus with the United States over the past two decades into buying up US treasuries and other securities, held 26.1 percent of the total issue of $4.44 trillion, the Treasury said. The figures came as the US government recalculated its data on foreign holdings of US securities from June 2010. Chinese-held Treasuries have fallen since hitting a high of $1.18 trillion in October, under the revised figures. Japan remained by far the second largest holder of US government debt, with $882 billion in December, around $1.3 billion less than original estimates. Britain was third at $272.1 billion.
Share This Article With Planet Earth
Related Links The Economy
China targets 7% growth, to rein in inflation: WenBeijing (AFP) Feb 27, 2011 Premier Wen Jiabao on Sunday said China had set a lower than usual economic growth target and pledged to contain soaring prices as concern over runaway growth mounts. Wen made the comments in a chat with Internet users as authorities braced for possible rallies in major cities after an online appeal aimed at pressing for government openness. Wen also said the world's second-largest econo ... read more |
|
|
| The content herein, unless otherwise known to be public domain, are Copyright 1995-2010 - SpaceDaily. AFP and UPI Wire Stories are copyright Agence France-Presse and United Press International. ESA Portal Reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. Advertising does not imply endorsement,agreement or approval of any opinions, statements or information provided by SpaceDaily on any Web page published or hosted by SpaceDaily. Privacy Statement |
del.icio.us
Digg
Reddit
YahooMyWeb
Google
Facebook
