男女羞羞视频在线观看,国产精品黄色免费,麻豆91在线视频,美女被羞羞免费软件下载,国产的一级片,亚洲熟色妇,天天操夜夜摸,一区二区三区在线电影

Money

China ups Japanese bond holdings in June

(Agencies)
Updated: 2010-08-09 09:18
Large Medium Small

China bought more Japanese bonds than it sold for a sixth straight month in June, heading for the biggest annual increase since at least 2005.

China purchased a net 456.4 billion yen ($5.3 billion) of Japanese debt in June, following a record net buying of 735.2 billion yen in May, according to a report released today by the Ministry of Finance in Tokyo.

The dollar's slide against all 16 major currencies monitored by Bloomberg since the start of June has reduced the attractiveness of US assets for some investors. China should pare its holdings of dollar assets to counter the risk of a "sharp depreciation," former adviser to the central bank Yu Yongding wrote in the China Securities Journal last month.

"China may want to diversify risks in its foreign reserves," Hiroaki Muto, a senior economist at Sumitomo Mitsui Asset Management Co in Tokyo, said before the report. "It may prefer yen assets as it wouldn't want the drop in the dollar to erode the value of its assets."

At $2.45 trillion, China's foreign-exchange reserves are the world's largest. It held $867.7 billion of US treasuries at the end of May, down from $900.2 billion in April. Japan, South Korea, Singapore, and India, and China's Taiwan and Hong Kong regions, are also among the world's 10 biggest holders of reserves that reduced their ownership of US government debt that month.

Welcome Purchases

Luring more foreign investors to Japanese government bonds is critical for the government as a shrinking domestic population threatens to erode the pool of savings that has sustained demand for the debt. Finance Minister Yoshihiko Noda last month said China's purchases are welcome given policymakers' efforts to diversify the investor base of bonds.

Related readings:
China ups Japanese bond holdings in June China's FX reserves not 'atomic weapon': SAFE
China ups Japanese bond holdings in June 
China's forex reserves reaches $2.45t
China ups Japanese bond holdings in June China buys a net $8.4b of Japan bonds in May
China ups Japanese bond holdings in June China sets new record investment in Japan bonds amid euro crisis

About 95 percent of Japan's debt is held domestically, which sovereign-debt agencies have said supports the country's creditworthiness even as borrowings approach 200 percent of gross domestic product. In a sign that base is waning, Japan's public pension fund, a holder of 12 percent of outstanding debt, sold more government bonds than it bought for the first time in nine years.

Japan has been bolstering its ties with China, which became its largest customer for exports in 2009. Japanese shipments to China tripled from 2000 to 2009, and Chinese demand has helped sustain Japan's recovery from its deepest postwar recession.

Japan's government revised how it calculates bond-purchase data in 2005.?The latest?figures don't include breakdowns of government bonds, corporate debt and other securities.

主站蜘蛛池模板: 曲麻莱县| 应用必备| 保康县| 英山县| 临城县| 申扎县| 大庆市| 芮城县| 齐河县| 阳谷县| 长乐市| 溧水县| 陇西县| 汕头市| 阿拉善左旗| 彭泽县| 临安市| 丹寨县| 黑水县| 盐源县| 遵义县| 乌鲁木齐市| 青神县| 汝州市| 怀化市| 青海省| 林口县| 崇阳县| 鹿邑县| 阿拉善盟| 定南县| 巴林右旗| 综艺| 杭锦后旗| 西华县| 正安县| 双辽市| 繁昌县| 临邑县| 颍上县| 阜新市| 鄂尔多斯市| 城市| 突泉县| 繁昌县| 曲阳县| 辽阳市| 延长县| 山阴县| 察隅县| 黎川县| 丹凤县| 晋宁县| 泾阳县| 饶阳县| 垫江县| 密云县| 砚山县| 冀州市| 来凤县| 南阳市| 桂平市| 延吉市| 黎平县| 台南市| 电白县| 临海市| 新龙县| 新丰县| 云和县| 永嘉县| 鱼台县| 资中县| 多伦县| 新余市| 剑川县| 仲巴县| 三亚市| 新和县| 深泽县| 金阳县| 阿克苏市|