Monday, May 17, 2010

China Buys U.S. Treasuries For the First Time in 6 Months: $17.7B

China has again bought Treasury securities in the United States in March, the first time in six months, expanding its position as the largest holder of such papers from the U.S. Treasury. In March, China purchased U.S. $ 17.7 billion in Treasuries, followed by sales of $ 11.5 billion in February, according to the monthly report from the U.S. Treasury, the Treasury International Capital report, known as ICT, in English acronym.Sales of securities by China at the end of last year caused initial concerns that the largest creditor nation of the United States was abandoning the U.S. assets

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