Statistics

China ups holding of Japanese debt

(Agencies)
Updated: 2010-12-08 11:07

China bought a net 262.5 billion yen ($3.1 billion) of Japanese bonds in October, the first time in three months the nation increased holdings of yen-denominated assets, Bloomberg reported on Dec 8.

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China purchased a net 231.9 billion yen in short-term Japanese debt and 30.6 billion yen in long-term bonds, Bloomberg citied the Japan's Ministry of Finance.

The yen was the biggest gainer versus the dollar and euro this year among the world's most-traded major currencies, according to Bloomberg.