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Tuesday, July 16, 2013
China's Record High Possession of US Treasury Securities Triggers Risk Worries
ANBOUND

The US Treasury declares that until May 2013, China's possession of US treasury securities has amounted to a total of $1.3159 trillion. This is an unprecedented record high figure which makes China the largest debtor of the US treasury securities in the world. If the US dollar drops, China’s asset prices will drop significantly due to its massive possession of the former’s securities. Anbound believes that it is not wise to hold such a great deal of US treasury securities.

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