As the economic relations between China and the United States continue to draw investor interest, the East Asian nation has been consistently offloading substantial amounts of U.S. Treasuries and agency debt, and this figure has reached a staggering $74 billion in the last seven months alone.
Specifically, China had dumped $21 billion in U.S. Treasuries and agency bonds in late 2023, adding up to the record-breaking $53.3 billion in the first quarter of 2024 and bringing the total amount to over $74 billion in the past seven months, as per combined data shared by Bloomberg during this time.
China reassesses policies
Indeed, the recent moves by China, traditionally a major holder of U.S. debt, suggests that the country has changed its global investment patterns and diversification practices, possibly as part of reassessing its holdings amid geopolitical…
