China Reduces US Debt Holdings to 16-Year Low: Treasury

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China reduced its exposure to U.S. Treasury securities to the lowest level in more than 16 years, continuing the decade-long trend of trimming holdings of American debt.

According to new data released by the Treasury Department, Chinese stockpiles declined by about $8 billion, to $757.2 billion in April, from $765.4 billion in March. This is also down about $13 billion from a year earlier.

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