Money

China increases US treasury bonds in July

(Agencies)
Updated: 2010-09-17 11:38

China added to its holdings of US Treasury debt in July after it reduced the holdings by $55.6 billion in May and June, according to US Treasury Department's report released on Thursday.

Summer Davos 2010 in Tianjin Related readings:  Beijing boosts holdings of US Treasury debt  China boosts holdings of US Treasury debt  Holdings of US Treasury debt slashed

In July, China increased its holdings of US bonds by $3 billion to $846.7 billion, still the largest holder of US Treasury debt.

Japan, the second-largest holder of US Treasury bonds and notes, increased its holdings by 2.2 percent to $821 billion. Britain, the third, saw a 3.3 percent increase in holdings to $374.3 billion. Hong Kong reduced its holdings by $5.8 billion.