China Resumed Buying Treasuries in July as Trade Surplus Widened

China Resumed Buying Treasuries in July as Trade Surplus Widened

Stefen Chow/Bloomberg

The monthly changes in Chinese holdings of Treasuries mirror a slowdown in the pace of growth in currency reserves, which increased 1.9 percent to $3.24 trillion through the first six months of 2012, compared with full-year gains of at least 12 percent in each year since 2001, according to People’s Bank of China data.