This undated file photo shows an exterior view of the People’s Bank of China in Beijing, capital of China. [Photo/Xinhua] The People’s Bank of China, the country’s central bank, may soon sell borrowed long-term Chinese government bonds, a move that would help safeguard financial stability and add a new tool of liquidity management, market experts … Continue reading T-bond move seen safeguarding financial stability
Tag: treasury
China seen continuing to cut US debt holdings
A teller counts and arranges dollar notes at an Agricultural Bank of China branch in Qionghai, Hainan province. [Photo/China Daily] China is likely to continue to reduce the share of United States debt in its overall foreign exchange reserves as it ramps up efforts to diversify foreign asset portfolios to reduce risk exposure, experts said … Continue reading China seen continuing to cut US debt holdings