China sells the US Treasuries to smooth the consequences of the devaluation shock of August 11. The treasury of the country adopted selling the US Treasuries securities directly, as well as through agents in Belgium and Switzerland. The Chinese government also decided to reduce investments into the US Treasuries. The US Secretary of the Treasury Jacob Lew has previously talked with the Vice Premier... 

Chinese held US federal debt has reached a record $1.3 trillion. In May 2013 China bought $25.2 billion in US Treasury notes and bonds, according to Xinhua News Agency. “US bonds remain one of the most attractive financial instruments in terms of safety. Recovery of the US economy strengthens the dollar, which is also a positive factor,” Chinese experts are quoted by the Chinese News Agency. China’s...