China increased US debt holdings for first time in six months in November despite overall decline

Foreign holdings of US Treasuries declined for a fourth straight month in November, although China increased its load of American debt for the first time in six months, data from the US Treasury department showed on Tuesday.Foreign investors held US$7.053 trillion in US government debt in November, down from US$7.068 trillion the previous month.Chinese holdings rose to US$1.063 trillion in November from US$1.054 trillion in October. China remains the second largest non-US owner of US debt.Japan…

This post was originally published on South China Morning Post.

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» China increased US debt holdings for first time in six months in November despite overall decline | Reuters | radiofree.asia | https://radiofree.asia/2021/01/20/china-increased-us-debt-holdings-for-first-time-in-six-months-in-november-despite-overall-decline/ | 2024-04-28T23:16:52+00:00

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