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Of Course Chinese Dollar Holdings Rose, But Something Changed Drastically

June 22, 2008
China financial markets
Of Course Chinese Dollar Holdings Rose, But Something Changed Drastically There is an interesting, if perhaps predictable, June 17 Bloomberg article by Patricia Lui that discusses China's holding of US dollar reserves. According to the article: ? China is adding to its holdings of U.S. assets, data from the U.S. government showed yesterday, easing concern the Asian nation will sell dollar investments. ?Total holdings of U.S. equities, notes and bonds among foreign investors rose by a net $115.1 billion in April from $79.6 billion the previous month, the Treasury... RSS Share it

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