01:22AM
China pares U.S. debt holdings for third month by Chris Oliver
HONG KONG (MarketWatch) -- China cut its holdings of U.S. Treasury securities for a third straight month in December, according to Federal Reserve data released Tuesday. China's holdings of Treasurys fell $31.9 billion in December from a month earlier, after easing $1.5 billion in November and $14.2 billion in October, according to the December print of the Fed's Treasury International Capital report. Meanwhile, holdings of Treasurys by the U.K., where proxies acting on behalf of China's central bank are believed to carry out some buying, fell by $11.1 billion in December, after a rise of $18.2 billion in November, and a rise of $10.4 billion in October. In the 12 months through December, China officially cut its holdings Treasurys by $60 billion to $1.007 trillion, the Fed's data showed.
12:47AM
Foreign investment in China falls for third month by Chris Oliver
HONG KONG (MarketWatch) -- Inflows of foreign direct investment to China eased 0.3% in January from a year earlier, marking the third-straight month of declines, as Europe cut back on its rate of investment, data Thursday from the Ministry of Commerce showed. Investment inflows for the month totaled $10 billion, compared to $12.2 billion in December, the ministry said. Flows from the European Union fell 42% from a year earlier to $452 million, contrasting with a more upbeat tone in the U.S., where investments flows to China totaled $342 million, a rise of 29% from year-earlier levels. Meanwhile, overall investments to China originating from sources in Asia were little changed year-on-year at $8.59 billion.
|
