China, Japan cut holdings of US securities in October

Washington, Dec 16 (IANS) China and Japan, two top buyers of US securities, have reduced their holdings in October, latest data from the treasury department shows.

China cut its holdings of the treasuries by $3.2 billion to $1.2548 trillion in October, the second consecutive month for its holding reduction, Xinhua cited the treasury department as saying on Tuesday.

Japan, the second largest foreign holder of US treasuries, cut its holding by $27.9 billion to $1.1492 trillion in October.

Overall foreign holdings of US Treasury securities in October dropped to $6.0463 trillion from $6.1031 trillion in September.

Leave a Reply

Please enter your comment!

The opinions, views, and thoughts expressed by the readers and those providing comments are theirs alone and do not reflect the opinions of or any employee thereof. is not responsible for the accuracy of any of the information supplied by the readers. Responsibility for the content of comments belongs to the commenter alone.  

We request the readers to refrain from posting defamatory, inflammatory comments and not indulge in personal attacks. However, it is obligatory on the part of to provide the IP address and other details of senders of such comments to the concerned authorities upon their request.

Hence we request all our readers to help us to delete comments that do not follow these guidelines by informing us at Lets work together to keep the comments clean and worthful, thereby make a difference in the community.

Please enter your name here