Do you have any sources with a breakdown of China's UST holdings by maturity term?
Chinese Economics Thread
- Thread starter Norfolk
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Matey, whenever you see some piece of postmodernist crap masquerading as 'art' going for tens of millions, it's money laundering:
Amazing, US GDP instantly increased by $46.5 million:
Ukraine flag is blue on top, yellow on bottom.
This painting is yellow on top, blue on bottom.
An inverted cross is anti-Christ.
This painter is anti-Ukraine, and he just earned 46.5 million USD for doing Russian propaganda.
The weighted average is between 8.5 years to about 10 years according to the US Treasury's own report depending on bond type and entity. That would be for all foreign UST holdings, not specifically China(but should be similar). Report was from 2021 data, so as yields rose, those 8-10 notes likely took a price hit from the 2020 highs.
So the truth is somewhere in between
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Numbers are out. There were 826 million trips within the borders in the week long holiday. It's a 4.1% increase comparing to 2019. Total revenue is 753.4 billion yuans, a small increase of 1.5% over 2019. Not sure if inflation has been factored in. It's still not fully recovered if not. But it's getting very close.
文旅部：中秋国庆假期全国国内旅游8.26亿人次，较2019年增长4.1%
据文旅部微博消息，2023年中秋节、国庆节假期，文化和旅游行业恢复势头强劲，全国假日市场平稳有序。经文化和旅游部数据中心测算，中秋节、国庆节假期8天，国内旅游出游人数8.26亿人次，按可比口径同比增长71.3%，按可比口径较2019年增长4.1%；实现国内旅游收入7534.3亿元，按可比口径同比增长129.5%，按可比口径较2019年增长1.5%。
supercat
Major
This is in addition to the fact that China has 90% home ownership (87% urban and 96% rural), and yes, China has more middle class than the total population of the US.
