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July 20, 2016

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Home » Business » Finance

China lifts holding

CHINA, the top buyer of US Treasury securities, lifted its holding in May, according to the Treasury Department.

China added US$1.2 billion of Treasuries in May, boosting its holdings to US$1.24 trillion. The country had cut its holding in April and March.

Japan, the second-largest foreign holder of US Treasuries, cut its holding by US$9.6 billion to US$1.13 trillion in May.

By the end of May, overall foreign holdings of US Treasuries dropped to US$6.21 trillion from April’s US$6.24 trillion.


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