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

US EUROPE AFRICA ASIA 中文
Business / Economy

Japan bumps China as top holder of US Treasury debt

(Agencies) Updated: 2015-04-16 07:53

Japan overtook China in February as the top foreign holder of US Treasury securities, a position Japan last held in August 2008.

In its monthly report on bond holdings, the Treasury Department said Wednesday total foreign holdings of Treasury debt dipped 0.9 percent in February to $6.16 trillion, down from a record of $6.22 trillion in January.

The holdings of China, normally the top holder of Treasury debt, slipped 1.2 percent to $1.22 trillion. Japan's fell 1.1 percent from January. China's decline was a bit larger, allowing Japan to jump into the top spot, $700 million above China.

China overtook Japan for the top spot in ownership of US Treasury debt in 2008 as the financial crisis and a deep recession pushed up US government borrowing to finance government deficits. The US deficit topped $1 trillion annually for four consecutive years.

Private analysts had been forecasting that Japan would surpass China's holdings of Treasury debt this year given current economic trends in both nations.

China's economy has been slowing and growth of its exports has been tapering, giving the country less to invest overseas. It has also been seeking to diversify those investments, leaving less to invest in US government bonds.

The Japanese central bank, meanwhile, is engaged in an aggressive effort to boost the country's money supply to bolster the economy and fight low inflation. That means there is more money to invest overseas. Japanese investors have been attracted to dollar holdings because of higher rates of return on dollar-denominated investments.

Sung Won Sohn, an economics professor at the Smith School of Business at California State University, Channel Islands, sees those trends continuing, with Japan's holdings of Treasury debt growing faster than China's.

"Economic growth and export growth are slowing in China and as a result China has less money to invest overseas, while Japan's central bank is pursuing policies that will keep the Japanese yen weaker against the dollar and thus make dollar investments more attractive to Japanese investors," Sohn said.

Japan's holdings of Treasury debt are $13.6 billion higher than they were a year ago, while China's holdings are $49.2 billion lower than a year ago.

Hot Topics

Editor's Picks
...
主站蜘蛛池模板: 日韩精品手机在线 | 国产在线黄色 | 国产成人愉拍精品久久 | 精品一区二区在线观看 | 午夜激情网址 | 久久国产综合 | 亚洲乱轮视频 | 国产一级片子 | 欧美黑人xxxx| 亚洲天堂高清 | 亚洲自啪 | 亚洲天天 | 99国产精品久久久久久久成人热 | 单身男女免费观看国语高清 | 亚洲无人区码一码二码三码 | 国产精品久久久久久久免费看 | 久久精品一区二区国产 | 欧美xx视频| 成人高清免费 | 一级黄色片网址 | 成人黄色三级视频 | 特黄特黄视频 | 男人的天堂免费视频 | 日韩经典一区二区三区 | 日本wwwwwww | 日本吃奶摸下激烈网站动漫 | 久久成人久久爱 | 六月丁香综合网 | 成人亚洲视频 | 麻豆网站在线观看 | 欧美小视频在线观看 | 国产成人综合网 | 亚洲视频在线看 | 久操av在线| 91国内精品久久久久 | 超碰天天 | 天天久久 | 91精品婷婷国产综合久久蝌蚪 | 在线国产一区二区 | 亚洲 自拍 另类 欧美 丝袜 | 丝袜超碰 |