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China faces US dollar dilemma as Federal Reserve ramps up coronavirus easing

China has about US$1.1 trillion worth of US Treasury bonds in its foreign reserves. Photo: EPA-EFE

  • China is the world’s second largest holder of US government debt, with about US$1.1 trillion worth of US Treasury bonds in its foreign reserves
  • As the US Federal Reserve scales up monetary easing, pushing down bond yields, some analysts have asked whether Beijing should sell its US Treasury holdings

Topic |  
China economy

SCMP

Updated: 9:37pm, 26 Mar, 2020

China has about US$1.1 trillion worth of US Treasury bonds in its foreign reserves. Photo: EPA-EFE

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