China’s Love-Hate Relationship with Treasuries
Posted on 08/04/2011
China possesses nearly $3.2 trillion in foreign exchange reserves, mostly in U.S. dollar assets. U.S. treasuries are one of the most actively traded financial instruments on the planet and most liquid. Unwarranted volatility and market uncertainty would weaken the already fragile stability of the international financial system. A short term crisis has been averted; however […]
