2018/12/18

China's U.S. Treasuries Holdings Tumble to Lowest Since May 2017

China’s holdings of U.S. Treasuries fell to the lowest in a year-and-a-half, as its foreign currency reserves declined and the yuan weakened near a key symbolic level. China’s holdings of notes, bills and bonds dropped for a fifth straight month to $1.14 trillion in October, from $1.15 trillion in September, according to data from the Treasury Department released on Monday. That’s the lowest level since May 2017. China remains the biggest foreign creditor, followed by Japan, whose holdings slipped by $9.5 billion to $1.02 trillion. -Bloomberg



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