China’s holdings of US treasuries fell from US$1.003 trillion in April to US$980.8 billion in May, according to US Department of the Treasury on Monday. Photo: EPA-EFE
China cut US debt holding amid ‘risk of possible conflict’
- China’s holdings of US Treasuries fell from US$1.003 trillion in April to US$980.8 billion in May, the lowest since 2010
- US is dealing with high inflation, while strained bilateral ties between China and the US over trade, technology and Russia have also contributed
China’s holdings of US treasuries fell from US$1.003 trillion in April to US$980.8 billion in May, according to US Department of the Treasury on Monday. Photo: EPA-EFE