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Cheng Shi, chief economist at ICBC International, said that China's increased holding of US treasury bonds showed that dollar-denominated assets remain a liquid and safe option for Beijing to manage its foreign exchange reserves.
Chen Wending, manager of the Nandu Big Data Institute of the newspaper Southern Metropolis Daily, agreed.
Chen said the US apparently ignored China's contribution, and seeks to reduce the trade deficit between the two countries by adopting unilateral trade protectionism. [Photo/VCG]
Chen entered the South African market in late 2012 at an exhibition in Johannesburg, and his company has developed steadily in the country.
China (Liaoning) Pilot Free Trade Zone will undertake more market-oriented reforms to reinvigorate the old industrial heartland in the country's northeast region and deepen trade ties with economies in Northeast Asia and Europe, said officials.
来源：资阳报