China sells US$2.15 billion Japanese bonds in December

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China sells US$2.15 billion Japanese bonds in December

The country sold US$2.15 billion-worth of Japanese government bond (JGB) in December, capping losses after the yen and JGBs tumbled in previous months. Analysts expect the mainland to continue reducing its exposure to the Japanese currency, although it could increase investment in longer term debts in the near future.

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