久久久无码人妻精品无码_6080YYY午夜理论片中无码_性无码专区_无码人妻品一区二区三区精99

National

Regional

Taiwan, HK, Macao

Special Coverage

Focus

Society

Profiles

China cuts US Treasury holdings in June

(chinadaily.com.cn)
Updated: 2009-08-18 10:45

NEW YORK: China reduced its holdings of US Treasury debt in June by the biggest margin in nearly nine years, according to a US Treasury Department report issued on Monday.

Related readings:  Nation may hike US debt in short term  China increases US Treasury holdings  China to voice concerns over asset safety at dialogue with US  Should China continue buying US treasuries  China unlikely to take Russian lead on Treasuries  Fed to dampen rate hike talk, halt Treasury buying  US economy appears poised to start growing again

China cut its net holdings by 3.1 percent to $776.4 billion in June from $801.5 billion in May, the report says. This is also the first large-scale reduction of US Treasury debt by China so far this year.

However, its June holdings were still larger than April's $763.5 billion and $767.9 billion in March, according to the statistics of the Treasury Department.

Reuters data show the drop in China's Treasury holdings in June was the biggest percentage reduction since a 4.2 percent cut in October 2000.

On the other hand, Japan, the second-largest holder of US Treasury securities, increased its holdings to $711.8 billion in June from $677.2 billion in May.

The United Kingdom, the third largest holder, also increased its holdings to $214 billion in June from $163.8 billion, a surge of 30.6 percent.