China Trims US Treasury Holdings in February
China modestly reduced its holdings of US Treasury bonds in February, a move described by experts as part of its reserve diversification strategy.
The Story
Analyzing sources…
Source Diversity
Source Diversity
Moderate (32/100)Sources
China trims US Treasury holdings amid rising debt supply as global ownership hits record
China continued to diversify its foreign exchange reserves in February, trimming its US Treasury stockpile even as overall overseas holdings of sovereign American debt rose to a record high. China’s stockpile of United States Treasuries fell to US$693.3 billion in February, down from US$694.4 billion in January, according to US Treasury Department data released on Wednesday. Although China slightly increased its US Treasury holdings in January, the uptick did little to alter a broader downwar...
By Sylvia Ma
Read full article →China trims US Treasury holdings modestly in February, part of reserve diversification: Chinese expert - Global Times
China trims US Treasury holdings modestly in February, part of reserve diversification: Chinese expert Global Times
Read full article →
