China Financial Daily

Federal Reserve Bank crazily sent bonds but our central bank continued to buy
China will continue to invest in the United States government bonds – which stand is made by vice governor of central bank and Secretary for Administration of Foreign Exchange Hu Xiaolian in London yesterday at G20 summit press conference. A few days ago, the Fed said it would buy the U.S. government treasury bonds worth of 300 billion U.S. dollars. The move up in the international financial market caused a great uproar. Analysts believed that the Fed move would lead to U.S. credit crisis, which probably caused the situation of institutions selling dollars, and led to the substantial depreciation of the dollar. This is huge foreign exchange reserves of our countryl lead to greater risk of diminution in value.

Related posts:

1. Within six months the Federal Reserve will buy back 300 billion U.S. dollars of long-term U.S. Treasury bonds
   Within six months the Federal Reserve will buy back 300 billion U.S. dollars of long-term...
2. European Central Bank kept interest rates unchanged and 60 billion euros to buy bonds
   European Central Bank kept interest rates unchanged and 60 billion euros to buy bondsEuropean Central...
3. U.S. Federal Reserve announced that it would postpone the new bank capital requirement for two-year
   U.S. Federal Reserve announced that it would postpone the new bank capital requirement for two-yearOn...