China Dropped US Treasuries Worth $491,900,000,000 in a Decade, Reaching a 14-Year Low in US Debt Holdings
For over a decade, the second-biggest economy in the world has been gradually selling off US government-backed securities valued at hundreds of billions of dollars. China’s assets of Treasury securities have fallen to a level not seen in more than 14 years, according to new data from the US Treasury Department. China had been gradually … Read more