China has cut its holdings by US$18.6bil to US$797.7bil as of the end of January from December. — China Daily
BEIJING: China may continue to reduce the share of US debt in its overall foreign exchange reserves amid its ramped-up efforts to diversify foreign asset portfolios, experts say.
In the short term, factors like changes in monetary policies by the United States and Japan may create more opportunities for profit from transactions in US Treasury bonds, leaving a reasonable range of fluctuations in China’s holdings of the US assets, they said.
