September 19, 2012
BETTING ON THE COUNTRY WITH A FUTURE:
China still lead buyer of U.S. securities (Catherine Tymkiw, September 18, 2012, CNN-Money)
Global demand for U.S. securities is still strong, with China remaining the largest foreign holder of U.S. debt, according to the Treasury Department's latest report on foreign holdings.The U.S. government's top international creditor continued to add to its holdings, albeit modestly, according to the July Treasury International Capital report, which measures the flow of funds into and out of U.S. securities, including Treasuries, agency-backed securities, corporate debt and stocks, as well as banking capital flows.In July, Chinese investors increased their holdings by $2.6 billion to $1.15 trillion.
Posted by Orrin Judd at September 19, 2012 5:17 AM
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