China Foreign Exchange Manager Calls U.S. Global ‘Bright Spot’ – Bloomberg 12-25-12

Salient to Investors:

China increased its Treasuries holdings in October to a 5-month high.

Liu Dongliang at China Merchants Bank said US treasuries are a good choice for China because the dollar is expected to appreciate and the credit risk is lower than for European and Japanese bonds.

Read the full article at http://www.bloomberg.com/news/2012-12-25/china-foreign-exchange-manager-calls-u-s-global-bright-spot-.html.

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