Business
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  ·  2016-06-17  ·   Source:

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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