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China trims holdings of US debt

08-17-2010 10:55 BJT

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China cut its holdings of U.S. Treasury debt in June, while Japan and Britain increased theirs. China, the largest holder, trimmed its holdings by 24 billion dollars to about 840 billion dollars in June. It's the second consecutive month of decline.

Japan, the second-largest foreign holder of U.S. government debt, raised its holdings by 17 billion dollars to around 800 billion dollars. The third largest holder, Britain, boosted its holdings to 360 billion dollars in June from 350 billion dollars in May.

In total, foreign holdings of U.S. long-term securities reached 4 trillion dollars, up about 46 billion dollars from the previous month.

Editor:Xiong Qu |Source: CNTV.CN

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