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China Cuts Its Holding of U.S. Treasuries in April
Top buyer of U.S. Treasury securities reduces its holding by $1.8 billion to $1.2428 trillion
Edited by Li Nan 

China, the top buyer of U.S. Treasury securities, cut its holding in April, according to the latest data from the U.S. Treasury Department.

China reduced its holding of the treasuries by $1.8 billion to $1.2428 trillion in April. The country has cut its holding for two consecutive months by April.

Japan, the second largest foreign holder of U.S. treasuries, increased its holding by $5.7 billion to $1.1428 trillion in April.

In April, overall foreign holdings of U.S. Treasury securities dropped to $6.2385 trillion from $6.287 trillion in March.

(Xinhua News Agency June 16, 2016)

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