China U.S. Treasury Holdings August

Numbers are out on the Chinese U.S. treasury holdings.





In August 2012 China held $1.154 trillion in U.S. treasuries. Nothing much has changed other than that Japan almost has more U.S. treasuries than China.




Chart 1: China U.S. Treasury Holdings




As China holds its U.S. treasury holdings steady, the Chinese yuan has rallied somewhat against the U.S. dollar. I wonder what they will buy with these valuable yuan if they are not buying U.S. treasuries.






Chart 2: USD/CNY



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