| Top China Possession Bonds "Treasury" U.S. Falling |
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| Wednesday, 17 February 2010 09:36 | |||
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Washington
- China's top Ownership of bonds "Treasury" in the U.S. fell in
December, allowing Japan to take over his position as the supreme
holder of U.S. government bonds, according to data released Tuesday
Treasury. Ownership of bonds by China dropped dramatically to 755.4 billion dollars at the end of December last year from 789.6 billion in November, the international capital data the Finance Ministry said. Beijing has expressed concern at the end of last year about the safety of U.S. bonds in the eyes of Washington's rising budget deficit and decline in the dollar at the time because the American economy struggling to emerge from a brutal recession. While Japanese ownership of U.S. bonds increased to 768.8 billion dollars in December from 757.3 billion dollars in November, according to the data. (Antaranews.com | tenderoffer.biz |
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