China reduces continuously in August, hold American national debt to buy beautiful company"s stock in large quantities

From the data of the other shore of

America easternThe newest statistical data that American Ministry of Finance announces shows that in November of last year, the American amount continued decrease of national debt that China holds is to 386.8 billion dollars , in wound 5 years, origin history is new and low. Data shows that is since March 2007 , China already

China holds the country with second quantity world as American national debt , reduces again and again the behavior held although offends person to pay attention , but have been still considered as generally " reasonable may understand just ".

" the U.S. dollar of this year exchanges RMB exchange rate will accelerate to be declining , U.S. dollar devaluation becomes to decide tendency , reduce hold U.S. dollar asset is foreign exchange reserve preserves and increases the value of course choice. " summer grown by the financial research institute of State Council's Development Research Center Bin think. But he at the same time points out , the foreign exchange reserve relative to the 100 million dollars of 15.5 thousand of our country, 35 billion " is very little and a part of, will not cause influence for America ".

The monthly data that American Ministry of Finance announces shows that China holds since the 421.1 billion Yuan of March of last year begins to reduce , reducing continuously in average in 6 months hold volume, is more than 5000 million dollars , October reduce hold quantity have reached the highest point since 8 months, and in November, it is having reduced 200 million dollars only on the foundation of October for 8600 million dollars.

It is this kind of to advance gradually just relative mild reduce the way of holding to be easy more let market accept. The financial expert easy constitution of Chinese Academy of Social Sciences of research institute allows think: " China puts forward the investment of foreign exchange reserve to go to diversification road, will optimize asset structure , adjust investment strategy , utilize combination investment tool. "

This kind of train of thought already quilt China outside store up investment management person flexible utilization. The beautiful data of Ministry of Finance shows that China is bought in large quantities from the beginning of January 2007 into American municipal bond, buy always into quantity to reach 146.4 billion dollars , and buy in month into quantity to exceed 13 billion dollars , have exceeded national debt greatly to buy into quantity.

" the bond of developed country the reasonable credit of well developed is grading. The earning rate of municipal bond is higher than national debt, risk is more low than company's debt , suits the Chinese investment of foreign exchange reserve relatively to protect the requirement of value for asset. " the Chinese trade central research of foreign exchange department expert Zhang Ying says.

Except American municipal bond,Stock. Data shows that in 11 months of last year, China is bought in all into American company's debt 41.3 billion dollars and stock 9300 million dollars , is in which bought only in June into American stock 3345 million dollars.

" the data of American Ministry of Finance can not show the actual condition of various countries completely, China may adjust investment currency kind very much, for example increase hold euro asset, recent RMB exchanges euro devalue, this kind of investment is more sensible. " easy constitution allows to say.

What worth-while one is mentioned is that besides China, other some American national debts hold large country have different degree increase hold. In which, Britain holds country as 3th, already continuous 12 months increases hold American national debt, to November, reach 315.6 billion dollars , the short time of one year increase hold quantity to reach 239.5 billion dollars.

Japan still is American national debt is biggest to hold country, but it holds quantity, is presenting the situation of the fluctuation of wide cut recently for a year , it increases in October, have held 9800 million dollars, and again reducing in November have held 11.7 billion dollars.

" Britain buies in large quantities into American national debt to follow two countries suffer credit crisis relevant, on remiting city, bear greater pressure. " easy constitution allows analysis to say , " but the disposition of countries for the asset of foreign exchange follows every macroeconomics situation of country relevant, can not lump together. "

Though American credit crisis the depression that has caused American the stock market and debt city, but data shows that the demand condition of international investor for American bond has begun to improve.

The newest announcement that American Ministry of Finance issues on 16th shows that in November of last year, the foreign capital of America flows completely into volume to reach 149.9 billion dollars, soar than last month 62%. And the U.S. dollar bond of short period that foreign country holds ( include treasury bill and other mortgage kind of bond) goes up to 36.5 billion dollars, the American national debt of short period that foreign investor holds goes up to 15.6 billion dollars.

The financial kind of U.S.

Is influenced by this factor, American national debt 16th closing go generally except expecting for 2 years besides tiny rise is low. In which, for 5 years, issue national debt is declining 1/32, the newspaper of earning rate 3.00%; For 10 years, issue American national debt is declining 9/32, the newspaper of earning rate 3.74%; The issue American national debt of 30 years is declining 29/32, the newspaper of earning rate 4.34%. V