Summary | Currently, China controls $1.48 trillion of US
government debt, the Bloomberg report noted.This was the lowest
level since 2013, the People's Daily report noted."The price of
Treasury bonds is inversely proportional to banks' interest
rates.That's why China needs to sell the Treasuries in
advance," Hu noted.On this basis, "the figure of $3.69 trillion ...
government debt, the Bloomberg report noted.This was the lowest
level since 2013, the People's Daily report noted."The price of
Treasury bonds is inversely proportional to banks' interest
rates.That's why China needs to sell the Treasuries in
advance," Hu noted.On this basis, "the figure of $3.69 trillion ...
en.ce.cn | 05 September 2015