Photo shows US dollar banknotes in Washington, DC, the United States. Photo:Xinhua
China reduced its holdings of US Treasury bonds by $900 million to reach $756.3 billion in May, according to data released by the US Treasury Department on Thursday.
This latest move represents the third consecutive month of reductions by China in 2025. Following this reduction, China maintained its position as the third-largest foreign holder of US Treasury debt.
Japan, the biggest foreign holder of US Treasury bonds, saw its holdings tick up by $500 million in May to around $1.13 trillion. The UK’s holdings climbed by $1.7 billion to $809.4 billion.
The fluctuation in China’s US Treasury holdings in May is normal as some bond maturity will lead to a reduction in China’s holdings, but overall, China’s holdings of the US debt remain stable so far in 2025, Zhao Qingming, a Beijing-based veteran financial expert, told the Global Times on Friday.
However,…
