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China, the biggest creditor to the United States, increased its holdings of US Treasury bonds by 2 percent in May to $1.32 trillion, even as foreign demand for the bonds fell for a second consecutive month, according to the US Treasury. China had increased its holdings of US bonds by 1.6 percent in April, which was revised higher after an initially 0.4 percent drop. Japan, the second-largest buyer, trimmed its holdings 0.2 percent to $1.11 trillion in May.
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  • (Xinhua)2017-05-16 08:11

    WASHINGTON - China increased its holding of US Treasury securities in March for the second consecutive month, the latest data from the US Treasury Department showed on Monday. China added its treasuries holding by $27.9 billion in March, with the total holding up to $1.0876 trillion. China's forex r...

  • (Xinhua)2017-04-18 09:30

    WASHINGTON — China increased its holding of US treasury securities in February after cutting $7.3 billion in the previous month, the latest data from the US Treasury Department showed on Monday. China increased its treasuries holding by $8.6 billion in February, with the total holding up to $1.059...

  • (Xinhua)2017-04-15 16:35

    NEW YORK — Both China and the United States have the opportunity to do well if they further open investment and trade to each other, former US Secretary of the Treasury Jacob Lew said Friday. Lew said that China will benefit from increased US investment in service sectors such as finance and insur...

  • (Xinhua)2017-03-16 08:38

    WASHINGTON - China reduced its holding of US Treasury securities in January after adding $9.1 billion in the previous month, the latest data from the US Treasury Department showed on Wednesday. China shed its treasuries holding by $7.3 billion in January, with the total holding down to $1.0511 trill...

  • By Dan Steinbock(Shanghaidaily.com)2017-03-03 10:45

    To implement his US$1 trillion dollar infrastructure plan, President Trump needs low rates, even though the Fed’s rate hikes will strengthen dollar. That means new uncertainty worldwide.In his Crippled America (2015), Trump argued that “our airports, bridges, water tunnels, power grids, rail sys...

  • By Keyu Jin(China Daily)2017-02-28 08:00

    China exports more to the United States than the US exports to China. This fact infuriated US President Donald Trump so much that during his campaign trail he threatened to take tough protectionist measures against China. As Trump attempts to consolidate his presidency, he is unlikely to back away f...

  • By Xinhua(China Daily)2017-02-20 07:20

    China's diminishing forex reserve, now below the closely watched $3 trillion mark, has triggered market concerns, but two advisors to the nation's central bank believe that such worries are overblown. The decline does not warrant such worries, and was indeed a good thing, according to Fan Gang, a Ch...

  • (Xinhua)2017-02-18 10:31

    BEIJING - China's diminishing forex reserve, now below the closely-watched $3 trillion mark, has triggered market concerns, but two advisors to the Chinese central bank believe that such worries are overblown. The decline does not warrant such worries, and was indeed a good thing,according to Fan Ga...

  • By Dan Steinbock(Shanghai Daily)2017-02-09 13:52

    US President Donald Trump speaks while signing executive orders at the White House in Washington January 24, 2017. [Photo/Agencies]WITH the Trump White House, America and a global economy will enter a highly divisive period — as evidenced by the debate about his economic, trade and infrastructure ...

  • By Xin Zhiming(China Daily)2017-01-18 09:03

    Markets have become even more divided over the trend of the yuan after it registered major gains early this month in both onshore and offshore trading, with some analysts saying the Chinese currency may rise moderately against the dollar this year. Analysts have also argued that given China's sound ...

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