US Treasury holdings rise in June
Purchase of $5.7 billion shows options are limited
BEIJING / NEW YORK - China purchased another $5.7 billion of US Treasuries in June, an investment described by one expert as "the best of a bad bunch", amid growing calls for the country to diversify its foreign reserves.
June was the third consecutive month that China increased its holdings in US Treasury bonds, despite concerns over the safety of dollar assets.
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