China Still Biggest Buyer of US Treasury Bonds
Statistics released by the US Treasury Department reveal that China acquired US$38.7 billion in US treasury bonds last year. That figure amounts to 50 percent of the net purchases of all central banks worldwide.
a net amount of money is the amount that remains when nothing more is to be taken away 净得的;纯的
a net profit of £500
500 英镑的纯利润
net income/earnings (= after tax has been paid)
纯收入
China now bears the world’s second largest holding1 of US treasury bonds -US $256.7 billion as at December 2005, and the nation’s money managers have indicated that there is no plan to offload these holdings, given the jittery state of international finance markets. Capital2 flow figures from the treasury department show diminished demand among foreigners for US bonds, and China’s bulky purchase is expected to partially support US efforts to relieve staggering deficit pressure.
to make a problem less serious 减轻(问题的严重性);缓和;缓解 SYN alleviate
efforts to relieve poverty
缓解贫困的努力
to relieve traffic congestion
缓解交通拥堵