CCTV.com - CNTV English - CCTV News

China's US debt holding rises by $300m in June

08-15-2012 23:51 BJT

Watch Video

Play Video

According to the Treasury International capital report, China, the largest foreign holder of U.S. Treasury securities, slightly boosted its holdings by 300 million dollars from May to 1164.3 billion dollars in June.

Japan, the second largest debtor of US, also increased in its holdings. Total foreign holdings of U.S. Treasury securities rose to a new high in June, representing a sixth consecutive monthly increase. That indicates strong international demand for U.S. government debt amid the simmering eurozone debt crisis.

The strong demand of U.S. government debt is seen by many as key to funding its mounting deficit, which is forecast to surpass 1 trillion dollars for the fourth consecutive fiscal year.

 

Editor:Zheng Limin |Source: CCTV.com

Hot Videos view more

The celebrations are still continuing as the victorious coach, Joachim Loew, has been honored for his achievement in his hometown of Freiburg.
Germany coach Loew honored in hometown of Freiburg

Chinese men´s national team continued its preparations for next year´s Asian Cup, as they managed a one-all draw against visitors Jordan during a football friendly in Harbin, the capital city of Northeast China´s Heilongjiang Province.
China held to 1-1 draw by Jordan

The defending world champs came into the contest with a perfect 6-and-oh record, but they would be in for a tough first half before opening things up in the second.
USA beat Slovenia 119-76 in quarter-finals

Hot Stories more

UK authorities believe killer of James Foley is a British national

Across the UK the hunt is on for James Foley’s killer, who authorities believe is a British national. As Richard Bestic reports from London, Prime Minister David Cameron cut short his summer break to lead his government’s response.

Israeli war jets renews Gaza strike as truce talks stalled

Three Palestinians were killed and 40 others wounded in the intensive Israeli war jets´ airstrikes on the Gaza city on Tuesday night, shortly before an end of a 24-hour ceasefire in the Gaza Strip,

Missouri police arrest dozens after violent night

As the protests in the town of Ferguson, Missouri turned violent with police facing ´heavy gunfire´ from some ´criminal elements´, cops fired tear gas, stun grenades and arrested 31 demonstrators on Monday night.

Picture in news more

More Video News

Choose TV Program