China is snapping up Japanese government bonds, and it’s not just for the returns

[CNBC, GETTY IMAGES] China bought 1.46 trillion yen ($13.8 billion) in medium to long-term Japanese government bonds on a net basis between April and July. That was 3.6 times more than the same period last year. In the same period, the U.S. increased its purchases by only 30%, in comparison. […]