中国持有的美国国债大规模增加影响了美国利率，从而影响了美国人的消费意愿。
China's massive build-up of American Treasury bonds affects American interest rates and thus Americans' willingness to spend.
与今年4月中国购买日本长期国债的做法相对的是，同期中国更大规模地净出售1.470万亿日元的货币市场工具（一年期或期限更短的短期债券），这是中国连续第6个月出售此类资产。
The longer-term buying in April was countered with the larger net sale of Y1,470bn in money market instruments – short-dated bills of a year or less – in the sixth successive month of sales.
中国目前的国债规模究竟多大才适宜?。
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