Wednesday, March 16, 2011

China and US Bonds

Via good friend Mr. Tony Tsai, CEO – BHG Retail Innovation Institute and EVP Operations – The BJ Hualian Hypermarket Co.:

"China has reduced holdings of US bonds for three consecutive months; China reduced holdings of US Treasury bonds by $5.4b in January: March 15, according to statistics issued by the US Department of Finance, China reduced holdings of US Treasury bonds by $5.4b in Jan. China has reduced holdings of US bonds for three consecutive months. China is still the largest holder of US bonds. China's holdings of US bonds were reduced to $891.6b by Dec. 2010."

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