China's foreign exchange reserves are US$ 65,438 +0.9 trillion, and it holds more than US$ 500 billion in US Treasury bonds. U.S. Treasury bonds are China's main investment products, as well as real estate bonds guaranteed by the U.S. government and some corporate bonds. * * The total US dollar reserves account for 60% of China's total foreign exchange reserves. We borrowed money from many Americans to buy houses, so China's dollar bonds reached 1 trillion dollars.