U.S. Treasury

Economy

China Cuts U.S. Treasury Holdings to 18-Year Low at $618 Billion

An illustration show a US dollar bill and a calculator at a bank in Fuyang, East China's Anhui Province. Photo: VCG An illustration show a US dollar bill and a calculator at a bank in Fuyang, East China's Anhui Province. Photo: VCG

China has cut its purchases of U.S. Treasury securities to the lowest level since around 18 years ago, according to the latest U.S. government data. Beijing had approximately $618 billion worth of U.S. Treasuries at the end of July compared to $633.4 billion in June. The July figure was the lowest since August 2008, when China’s Treasury stocks were approximately… Continue reading China Cuts U.S. Treasury Holdings to 18-Year Low at $618 Billion