China sold US$6.22 million of US Treasury securities in September, lowering its total holdings to US$1.062 billion, according to the latest monthly Treasury International Capital (TIC) report from the US Department of the Treasury. Photo: Shutterstock
China sold US$6.22 million of US Treasury securities in September, lowering its total holdings to US$1.062 billion, according to the latest monthly Treasury International Capital (TIC) report from the US Department of the Treasury. Photo: Shutterstock

China dumps US Treasuries for fifth consecutive month, sending holdings to lowest level since February 2017

  • China’s US Treasury holdings fell to the lowest level since February 2017, at the same time as tensions between the two nations continued to ratchet up
  • China’s spending spree on Japanese government bonds continued, up 73 per cent over the first nine months of 2020 compared to a year earlier

Topic |   China economy
China sold US$6.22 million of US Treasury securities in September, lowering its total holdings to US$1.062 billion, according to the latest monthly Treasury International Capital (TIC) report from the US Department of the Treasury. Photo: Shutterstock
China sold US$6.22 million of US Treasury securities in September, lowering its total holdings to US$1.062 billion, according to the latest monthly Treasury International Capital (TIC) report from the US Department of the Treasury. Photo: Shutterstock
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