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Results for "US Treasuries"

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China’s sovereign debt is becoming a strategic alternative to US Treasuries: economist
BusinessSCMP1mo ago

China’s sovereign debt is becoming a strategic alternative to US Treasuries: economist

China’s sovereign debt is emerging as a strategic alternative to US Treasuries as global investors look for geopolitical hedges, though greater market liquidity and deeper yuan internationalisation are still needed to cement its status as a global safe haven, an economist at a Chinese government think tank has said. “[These bonds] circumvent the restrictions of the non-convertibility of the renminbi,” said Xu Qiyuan, deputy director of the American Studies Institute at the Chinese Academy of...

Report Questions Optimal Size of China's Forex Reserves
FinanceSCMP16d ago

Report Questions Optimal Size of China's Forex Reserves

A report from a Beijing university has reignited debate about the optimal size of China’s world-leading foreign exchange reserves, particularly its holdings in US Treasuries, suggesting they should be trimmed to a 'moderately ample' level.