US Treasury department
Japan Poised to Overtake China as Biggest US Creditor
mwaniki wanjiku | | Dec 16, 2016 03:24 AM EST |
This is due to the Chinese Central Bank dipping into its foreign exchange reserves to support the Yuan
China’s US Treasuries Holdings at Lowest Level Since 2013
Rina S. | | Sep 17, 2016 08:46 AM EDT |
China’s July holding of US treasuries has been reported at the lowest level since 2013. Its holding has decreased for a fourth straight month. China is the biggest US creditor and the US government owes it $1.219 trillion of debt as in July. Japan held $1.155 trillion worth of Treasuries as it retained its position as the second-biggest holder of the bonds.
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