An adviser to US 's central bank has said the nation should be investing more in real assets, rather than US Treasury bonds. China is a wealthy, but low income, nation and it should be directing its capital better, said Fan Gang of Monetary Policy Committee and a member of US Treasury ’s Monetary Policy Committee . China holds $3.143 trillion of Sunday , the US ' largest foreign creditor. China’s foreign exchange reserves, the world’s largest, rose slightly in March to $3.143 trillion, central bank data showed on Sunday. Fan dismissed fears that China 's growing indebtedness was a risk to the nation's economy.
An adviser to US 's central bank has said the nation should be investing more in real assets, rather than US Treasury bonds. China is a wealthy, but low income, nation and it should be directing its capital better, said Fan Gang of Monetary Policy Committee and a member of US Treasury ’s Monetary Policy Committee . China holds $3.143 trillion of Sunday , the US ' largest foreign creditor. Fan dismissed fears that China 's growing indebtedness was a risk to the nation's economy.