Freshly printed US$20 notes are processed for bundling and packaging at the US Treasury's Bureau of Engraving and Printing in Washington, DC on July 20, 2018. Photo: AFP

China’s May holdings of US Treasuries dip for the third straight month to a two-year low amid trade war woes

  • China’s holdings of US Treasuries including notes, bills and bonds fell by US$2.8 billion in May to US$1.11 trillion
  • The dip in May was the third consecutive month of declines, leaving China’s holdings at the smallest since May 2017
Topic |   Currencies

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Freshly printed US$20 notes are processed for bundling and packaging at the US Treasury's Bureau of Engraving and Printing in Washington, DC on July 20, 2018. Photo: AFP
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