CHINA MAY ADD US T-BONDS PROPERLY
AsiaInfo Services, June, 2009
AsiaInfo Services 06-19-2009 China May Add US T-bonds Properly BEIJING, Jun 19, 2009 (SinoCast Daily Business Beat via COMTEX) -- China is likely to add investment in the US T-bonds properly if the US dollar value keeps stable for the recent period, says Dai Xianglong, chairman of the National Council for Social Security Fund of China at an article. The Chairman proposes that China ought to optimize the structure of balance of international payments and boost diversification of foreign exchange reserve assets, and at the same time urges the US government to take steps to keep promise of guaranteeing the safety of foreign assets. According to a Treasury International Capital (TIC) released by the Department of the Treasury of the US, China reduced holding of the US T-bonds...
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