Text Version
RSS Feeds
Newsletter
Home Forum Photos Features Newsletter Archive Employment
About US Help Site Map
SEARCH   About US FAQ Site Map Site News
  SERVICES
  -Text Version
  -RSS Feeds
  -Newsletter
  -News Archive
  -Give us feedback
  -Voices of Readers
  -Online community
  -China Biz info
  What's new
 -
 -
China cuts US treasury bills for first time in a year
+ -
19:56, August 18, 2009

 Related News
 Chinese shares edge up on Tuesday
 Chinese shares down 1.07 pct in morning session
 Brake on hot money leads to drop in FDI
 Hong Kong stocks open slightly lower
 Chinese shares open 0.88% lower
 Comment  Tell A Friend
 Print Format  Save Article
China sold off 25.1 billion U.S. dollars worth of U.S. Treasury bills in June to bring its holdings to 776.4 billion dollars, according to data released Monday by the US Treasury Department.

The June figure represented a 3-percent decline from the 801.5 billion dollars in May, the biggest sell-off since June 2008, the treasury said.

China had been accumulating US T-bills for 10 consecutive months starting in June 2008 until it reduced its holdings to 763.5 billion dollars in April from $767.9 billion in March, the data showed.

After the offloading, China was still the No. 1 holder of the T-bills.

Source:Xinhua



  Your Message:   Most Commented:
Being African among the curious Chinese
What does China contribute to the world?
25-year-old Norwegian singer, Michael Jackson's 4th son?
What is beyond the physical Line?
Three Beijingers jailed in US. Spies again?

|About Peopledaily.com.cn | Advertise on site | Contact us | Site map | Job offer|
Copyright by People's Daily Online, All Rights Reserved

http://english.people.com.cn/90001/90778/90857/90859/6731969.pdf