Chinese investors dump record amount of US stocks and bonds
==========

Chinese investors sold a record amount of US stocks and bonds in May, totaling $42.6 billion worth of long-term securities; Sales in the first five months of this year reached $79.7 billion, an all-time high for the January-May period; The sales were driven by risk reduction due to uncertainty around the US presidential election and possible political influence to reduce US dollar holdings; More than half of the sales were in Treasuries, followed by agency debt and stocks; China's holdings of Treasury notes and bonds have dropped $440 billion since the end of 2017; The prospects for Federal Reserve policy easing and a weaker dollar might discourage Chinese investors from holding too many dollar assets

#ChineseInvestors #UsStocks #UsBonds #Treasury #RiskReduction #UsPresidentialElection #PoliticalInfluence #Treasuries #AgencyDebt #Stocks #FederalReserve #WeakerDollar

https://theedgemalaysia.com/node/719614