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China increases US Treasuries holdings despite trade tension

Apr 17 , 2018

China expanded its US Treasury holdings in February despite escalating trade tension between Beijing and Washington at the time, helping damp concerns the country could shed US assets to hit back at the Trump administration.  China, the single biggest foreign holder of US government debt, added $8.5bn to its Treasury holdings in February, taking its total to $1.18tn, according to data released by the US Treasury on Monday.


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