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’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
Economy /  Economic Indicators

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

Frank Tang
Frank Tang in Beijing

Updated: 1:57am, 20 Jul, 2022

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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’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
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