China Press: Ratio of Treasuries in China fx reserves unlikely to fall

The 21st Century Business Herald, China’s news daily, came out with an opinion piece by Zhang Ming, a researcher at Chinese Academy of Social Sciences, on Tuesday, citing that the ratio of Treasuries in the Chinese forex reserves is unlikely to fall in 2018.

Additional Headlines via BBG:

“China's holdings of U.S. Treasuries may remain stable in 2018 if the size of the country's forex reserves stays steady.

The value of China's outstanding U.S. Treasuries holdings may rise or fall while the holdings as a percentage of the country's forex reserves are unlikely to fall in the short term.”