China reduced its holdings of U.S. debt by another $24 billion in June and remains the largest holder – Domestic News – Sponsored by Italian Xinhua Times, Xinhua Media Network, Chinese Chamber of Commerce and Industry

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China reduced its holdings of U.S. debt by another $24 billion in June and remains the largest holder

2010-08-17 15:39:38 Source: Author: [Large, Medium, Small] Views: 466 times Comments: 0

Xinhuanet, Beijing, August 16 (Reporters An Bei and Hou Xuejing) The International Capital Flows (TIC) report released by the U.S. Department of the Treasury on the 16th showed that as of the end of June 2010, China held a total of 843.7 billion U.S. dollars in U.S. Treasury bonds. After holding US$32.5 billion in US Treasury bonds, it reduced its holdings of US$24 billion in US Treasury bonds again in June, but remains the largest overseas holder of US Treasury bonds. Video: my country has significantly reduced its holdings of U.S. Treasury bonds for two consecutive months. Media source: Ningxia Satellite TV’s “Morning Bus”

The report also shows that Japan and the United Kingdom, the second and third largest overseas holders of U.S. Treasury bonds, both increased their holdings in June, increasing their holdings by US$16.9 billion and US$12.2 billion respectively, with holdings reaching US$803.6 billion and US$36.22 billion respectively. billion dollars.

The report shows that net overseas capital inflows to purchase U.S. long-term Treasury bonds in June were US$33.9 billion, of which private investors purchased net purchases of US$16.6 billion and official institutional purchases were US$17.3 billion. At the same time, U.S. residents sold $10.4 billion in long-term foreign bonds.