Page not found The china forex reserves 2010 page could not be found. Concerns over Chinese holdings of U. The nation’s foreign exchange reserves are held by China’s central bank.
The total sum of the reserves is regularly announced by the central bank. The exact composition of the foreign-exchange reserves of China is a state secret. Most of China’s foreign-exchange reserves are held in U. The National Defense Authorization Act of the fiscal year 2012 included a provision requiring the Secretary of Defense to conduct a “national security risk assessment of U. The 112th United States Congress introduced legislation whose aim was the assessment of the implications of China’s ownership of U. The subsequent Congressional Report of 2013 claimed that ” potentially serious short-term problem would emerge if China decided to suddenly reduce their liquid U.
A significant number of economists and analysts dismiss any and all concerns over foreign holdings of United States government debt denominated in U. For everyone, including China, it is the only option. Major Foreign Holders of Treasury Securities”, U. Report on China’s Foreign Exchange Reserves and Holdings of U.
Should Americans be concerned that China has started dumping some of its Treasury holdings? After all, it raises serious questions about whether China will keep lending Washington money to help finance the federal deficit in the future. Report on “China’s Holdings of U. To acquire , China must export goods to us, not offset by equivalent imports.