日批在线视频_内射毛片内射国产夫妻_亚洲三级小视频_在线观看亚洲大片短视频_女性向h片资源在线观看_亚洲最大网

Top Biz News

China still biggest foreign buyer of US debt

(Agencies)
Updated: 2010-02-27 11:11
Large Medium Small

WASHINGTON: The US government now says that China did not lose its place in December as the largest foreign holder of US Treasury debt.

The Treasury Department said that under annual benchmark revisions released Friday, China's holdings of US Treasury securities stood at $894.8 billion at the end of December, keeping it in first place ahead of Japan.

On Feb 16, the government reported data that showed China had been surpassed by Japan. However, the government said in the new report that those figures did not account for purchases by Chinese investors in such places as Britain.

When those purchases are taken into account, the government said that China's holdings in December grew by $139.4 billion above what was reported on Feb 16.

That increase put China back into first place as the top foreign holder of US Treasury securities at $894.8 billion followed by Japan, now back in second place, at $768.8 billion.

The revised figures represent the annual revisions Treasury makes based on a more detailed report of the actual foreign holdings of the Treasury debt. That survey revised the figures through June 2009, and those more accurate figures were used to update the monthly reports through December 2009.

The revised figures did show that China reduced its holdings in December compared with November, a drop of $34.2 billion. However, with the more accurate assessment of the actual ownership of the securities, the levels of China's holdings were much higher than expressed in the report two weeks ago.

Related readings:
China still biggest foreign buyer of US debt China defends move cutting US Treasury securities holdings
China still biggest foreign buyer of US debt Market to dictate US Treasury bonds holdings
China still biggest foreign buyer of US debt Japan edges China as top US Treasury holder

The replacement of China by Japan as the largest foreign holder of Treasury securities when it was reported two weeks ago had raised worries that China was carrying through on comments it made about diversifying its holdings based on rising concerns about America's soaring federal budget deficits.

Some economists had seen the change in China's position as a warning signal that the biggest holders of US debt were starting to dump those holdings. Such a development could dramatically increase the interest bill the federal government must pay to finance its deficits and also drive up the cost of borrowing for US businesses and consumers.

On Feb 1, the US President Barack Obama released a budget plan that projects the deficit for this year will total a record $1.56 trillion. That would surpass last year's record of $1.4 trillion deficit, reflecting a severe recession that has cut into government revenues and increased spending to stabilize the banking system and jump-start the economy.

The administration has pledged to address the soaring deficits once the economy gets back on track. The president by executive order last week created an 18-member deficit panel that is charged with issuing a report by December on how to reduce the annual budget deficits to 3 percent of the national economy by 2015.

Obama named four members of the panel on Friday. However, the commission is considered a weak substitute for what Obama really wanted?- a commission created by Congress that could force lawmakers to vote on remedies to reduce the debt.

主站蜘蛛池模板: 成 年人 黄 色 片 | 韩日精品视频 | 黄色一级棒 | 一区二区三区视频在线免费观看 | 岛国av网| 男人天堂手机在线 | 98av| 亚洲a毛片| av九九| 久久久综合色 | 91在线精品播放 | 手机午夜视频 | 欧美黄色影院 | 国产ts视频 | 久久露脸| 一区二区三区在线免费观看视频 | 国产中文字幕一区二区三区 | 怡红院在线观看 | av在线免费网址 | 国产又粗又爽又黄的视频 | av免费观看网站 | 欧美精品中文 | 黄色在线视频网站 | 国产日韩第一页 | 亚洲免费小视频 | 九色视频91| 99精品在线免费观看 | 日本少妇一区二区 | 欧美日韩国产一区 | 毛片网站在线看 | 狠狠狠狠狠狠 | 成人小视频免费在线观看 | 国产女18毛片多18精品 | 欧美日韩v | 中文字幕在线日亚洲9 | 久久久国产精品x99av | 亚洲自拍偷拍精品 | 成人免费看片视频在线观看 | 欧洲一区二区视频 | 澳门四虎影院 | 北条麻妃青青久久 |