Selling non-stop, China reduced its holdings of US Treasuries for the seventh consecutive month. (Schematic, Bloomberg)
[Financial Channel/Comprehensive Report]China, the second overseas creditor of the United States, continues to reduce its holdings of US treasuries. According to the latest official data released by the United States, China has reduced its holdings of US treasury bonds for the seventh consecutive month.
According to comprehensive media reports, according to the latest data released by the U.S. Treasury Department on Monday (15th), China’s holdings of U.S. Treasury bonds fell to $967.8 billion (about NT$28.99 trillion) in June, a decrease of $13 billion from the previous month ( About NT$389.4 billion), which is the lowest level since China held US$843.7 billion (about NT$25.27 trillion) in May 2010, and it is also the seventh consecutive month that China has reduced its holdings of U.S. Treasuries.
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Japan, the No. 1 overseas creditor of the United States, increased its U.S. Treasury holdings to $1.236 trillion (about NT$37 trillion) in June from a revised $1.224 trillion (about NT$36 trillion) in May.
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