Home / Knowledge / News / China continues to be largest holder of US treasury bills
China continues to be largest holder of US treasury bills
18
May '09
According to data released by the U.S. Treasury Department, the Chinese Government again increased its holdings in the US treasury bills by US $23.7 billion, in March this year, taking its total holdings $767.9 billion.

This makes China the biggest holder of US treasury bonds by amount from any country since September last year. The holdings, since last March have also increased by $277.3 billion.

A number of countries also increased their holdings in March. Japan stands second with an investment of $686.7 billion. Russia and the United Kingdom surpassed Brazil to become the third and the fourth largest investors.

Hong Kong and Taiwan rank seventh and eighth in total holdings. Hong Kong's holdings increased by $2.6 billion in March, to touch $70.089 billion, while that of Taiwan have reached $74.8 billion.

President of the United States Mr Barrack Obama in a speech had emphasized on solving economic problems and also suggested that the country should not rely on long-term debt from China and other countries.

Fibre2fashion News Desk - China

Must ReadView All

Courtesy: AWI

Textiles | On 20th Jan 2017

Australian wool EMI at highest ever level in Au$ terms

The Eastern Market Indicator (EMI) managed to forge ahead by a...

Textiles | On 20th Jan 2017

Bangladesh could earn $60 billion in exports by 2021

Bangladesh is expected to earn over $60 billion in exports by the...

Apparel/Garments | On 20th Jan 2017

Fashion etailer Fynd to offer Yepme product offerings

Online fashion retailer Fynd has signed a partnership with Yepme,...

Interviews View All

Kamlesh Vaghela
RK Textiles

Very few machinery manufacturers have R&D units

Neel Sawhney
One Friday

‘The share of kidswear segment in the online sector is still small in...

DK Sharma
Velocity Apparelz

We constantly communicate with employees at all levels

Eric Scholler
Groz-Beckert

The Indian market has huge potential in technical textiles, and by far,...

Eamonn Tighe
Nature Works LLC

Eamonn Tighe, Fibres and Nonwovens - Business Development Manager of...

Lynda Kelly
Suominen Corporation

Suominen Corporation is a manufacturer of nonwovens as roll goods for...

Pranav Mishra
Huemn

Designers Pranav Mishra and Shyma Shetty’s Huemn is known for its...

Jay Ramrakhiani
Occasions Elegance Wear

It is believed that by early 19th century, Varanasi weavers had moved away ...

Robert Brunner
Devereux

Golfwear and menswear brand Devereux is set for greener pastures. Robert...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH
January 2017

January 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

SUBSCRIBE


Browse Our Archives

GO


eNEWS
Insights
Subscribe today and get the latest News update in your mail box.
Advanced Search