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China committed to US treasuries

07-08-2010 09:37 BJT

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US treasury securities will remain an important market for China's currency reserves, and regular adjustments to China's holdings of US treasuries are normal.

In a series of questions and answers posted on its website, the State Administration of Foreign Exchange said it won't use its 2.45 trillion US dollar stockpile of forex reserves, as a "nuclear weapon".

The forex regulator added China would remain a long-term, responsible financial investor. But it called on the US government to further consider the interests of its investors in managing fiscal and monetary policy.

Editor:Xiong Qu |Source: CCTV.com

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