China ratcheted up its US Treasury bond purchases starting in 2000, but its buying spree peaked in 2014, dropping below the symbolic US$1 trillion mark in April 2022. Photo: Bloomberg
China cuts US Treasury holdings to lowest level since global financial crisis
- China’s holdings of US Treasuries slid to US$859.4 billion in January from US$867.1 billion in December, representing a sixth straight monthly decline
- China’s holdings fell to their lowest point since May 2009 amid dropping yields and growing threats of financial sanctions from Washington
China ratcheted up its US Treasury bond purchases starting in 2000, but its buying spree peaked in 2014, dropping below the symbolic US$1 trillion mark in April 2022. Photo: Bloomberg
