e-magazine
The Hot Zone
China's newly announced air defense identification zone over the East China Sea aims to shore up national security
Current Issue
· Table of Contents
· Editor's Desk
· Previous Issues
· Subscribe to Mag
Subscribe Now >>
Expert's View
World
Nation
Business
Finance
Market Watch
Legal-Ease
North American Report
Forum
Government Documents
Expat's Eye
Health
Science/Technology
Lifestyle
Books
Movies
Backgrounders
Special
Photo Gallery
Blogs
Reader's Service
Learning with
'Beijing Review'
E-mail us
RSS Feeds
PDF Edition
Web-magazine
Reader's Letters
Make Beijing Review your homepage
Hot Links

cheap eyeglasses
Market Avenue
eBeijing

Latest
Special> NPC & CPPCC Sessions 2010> Latest
UPDATED: March 14, 2010
Chinese Premier Reiterates Worries Over China's Assets in U.S.
Share

Chinese Premier Wen Jiabao said here Sunday that he is still worried about the safety of China's assets in the United States, urging the U.S. government to take actions to assure foreign investors of its treasury bonds.

"The instability of the U.S. dollar is a great concern for China's foreign assets," he said at a press conference after the National People's Congress concluded its annual session.

Wen said he was "a little bit worried" about the China's assets safety in the United States at the same occasion last year.

Wen reiterated that China needs to guarantee the "safety, liquidity and good value" of its foreign exchange reserves.

"Safety is China's top concern for the country's foreign reserve investment," Wen said, noting that China cannot afford any mistake in the management of the country's financial assets.

Wen expressed hopes that the United States could take concrete actions to ensure the security of the assets and assure its foreign investors, as the safety of U.S. treasury bonds are guaranteed by its national credibility.

According to the U.S. Treasury Department, China held $894.8 billion in U.S. treasury bonds at the end of last year. This figure, revised up from the previous $755.4 billion, means China remains the largest overseas holder of U.S. treasury bonds.

(Xinhua News Agency March 14, 2010)

 



 
Top Story
-Protecting Ocean Rights
-Partners in Defense
-Fighting HIV+'s Stigma
-HIV: Privacy VS. Protection
-Setting the Tone
Most Popular
 
About BEIJINGREVIEW | About beijingreview.com | Rss Feeds | Contact us | Advertising | Subscribe & Service | Make Beijing Review your homepage
Copyright Beijing Review All right reserved