Posted inChina, Japan, Northeast Asia, World, Wuhan

China’s falling US debt holdings a ‘short-term adjustment’

Decreases in the amount of US Treasuries held by China should not be “over-interpreted.” That’s the message from an anonymous spokesman for China’s State Administration of Foreign Exchange (SAFE), as reported by the China News Service on Thursday. The decreases were attributed to short-term adjustments in response to the US Federal Bank raising interest rates, the […]