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China's finance ministry said Tuesday that raising funds was not the main purpose of the offering as China sees sustained economic growth and ample foreign exchange reserves.
China's door is open if the United States is ready for consultations on an equal footing, but otherwise China will resolutely react, Wang added.

China's efforts to curb financial risks are bearing some fruit as the overall leverage ratio has been controlled at a stable level, said Yi Gang, central bank governor.
China's financial regulatory body is planning to require "too big to fail" conglomerates to replenish capital and meet new regulatory requirements, a measure to prevent cross-market risk contagion and continually reduce the corporate debt level.
China's macroeconomic policy will focus on stabilizing growth in the second half of this year, and the government may have set a "bottom line" for GDP growth of 6 to 6.2 percent, said Wu Ge, a CF40 member and chief economist of Changjiang Securities.
来源:资阳报