China may adjust stake in Fannie
By Wang Xiaotian | China Daily | Updated: 2010-06-18 07:52
Analyst: Steps needed to ensure security of nation's dollar assets
BEIJING - The delisting of Fannie Mae and Freddie Mac, the largest US home funding companies, on US securities exchanges may force China, the largest holder of their mortgage bonds, to adjust its holdings, but large-scale selling is unlikely, said analysts.
And China should demand more active measures from the US side to ensure the security of its dollar assets, said Lei Yanhua, a researcher with the Chinese Academy of International Trade and Economic Cooperation affiliated to the Ministry of Commerce.
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