Report says China to continue buying US Treasuries

China will continue to purchase US Treasuries after the new foreign exchange investment agency begins operations, The Standard reported Monday 12 March, citing central bank vice governor Wu Xiaoling.

Asked yesterday in Basel, Switzerland whether China would continue to buy US Treasuries, Wu said: 'Yes.'

China plans to set up an agency to help manage its currency reserves, modelling it on Singapore's Temasek Holdings to create what will become Asia's largest government-controlled investment fund.

"T

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

Register for Central Banking

All fields are mandatory unless otherwise highlighted

This address will be used to create your account

Geoeconomic reserve management

The world order is evolving. Whether, and how, the international economy remains integrated or shifts into spheres of influence has consequences for central bank policy and reserve management.

Most read articles loading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account

.