China denies reports it's slowing or halting US bond purchases

Source:CGTN Published: 2018/1/11 12:39:41

A report that China is considering slowing or halting US Treasury purchases could be based on wrong information or simply “a piece of fake news.” according to a statement by China’s State Administration of Foreign Exchange on Thursday.

Bloomberg, citing “people familiar with the matter,” reported on Wednesday that officials reviewing China’s foreign-exchange holdings have recommended slowing or halting US bond purchases.

Posted in: ECONOMY

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