China has reduced the dollar portion of gold reserves

China in April this year to reduce the dollar portion of its gold reserves at $ 4.4 billion compared with March 2009, local media reported on Tuesday.

At the end of April, China had $ 763.5 billion of debt the U.S., while in late March, this amount stood at $ 767.9 billion this way, it fell within a month on $ 4.4 billion, — the report says.

This is the first year-plus case of reducing the amount of American debt. According to the Ministry of Finance of the United States, with the May 2008 China has gradually increased the amount of American debt, the debt of the U.S. to China for the year increased by $ 260 billion - note the media.

in China at the expert level discussions are ongoing, say media. Some experts favored a cautious approach to buying American debt, taking into account the possible depreciation of the dollar, while others believe that the U.S. debt should be the bulk of foreign reserves of China.

Head of State Administration of exchange control of China Hu Syaolyan in March 2009, said: Investments in U.S. debt - an important part of investment from foreign exchange reserves. Later, we will continue, if necessary, buy up American debt.

Currently, China is still the world's largest holder of U.S. debt.

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