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Washington (AFP) Feb 15, 2011 Chinese holdings of US debt fell for the second month running in December while Japan's purchases rose, the US Treasury said Tuesday. Beijing's stock of US treasury bonds, notes and bills fell $4.0 billion to $891.6 billion from November, down from a recent peak of $906.8 billion in October. Japan's holdings rose to $883.6 billion from $877.2 billion a month earlier. Oil exporters, enjoying a surge in crude prices, were also big buyers, their holdings rising rising to $218 billion from $210.4 billion in November.
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China Jan-Feb inflation may top 5%: state mediaShanghai (AFP) Feb 10, 2011 China's inflation could exceed five percent for the first two months of the year, a government economist has warned in comments published by state media on Thursday. The forecast by Ba Shusong would mark an acceleration from December, when the country's consumer price index rose 4.6 percent from a year earlier due to soaring food costs and higher raw material prices. Analysts have warned ... read more |
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