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China cuts US Treasury securities holding in December 2015

(Xinhua) Updated: 2016-02-17 07:25

China cuts US Treasury securities holding in December 2015

A $100 banknote is placed next to 100 yuan banknotes in this October 16, 2010 file picture illustration taken in Beijing. [Photo/Agencies]

WASHINGTON - China, the top buyer of US Treasury securities, cut its holding in December 2015, the latest data from the Treasury Department showed Tuesday.

China reduced its holding of the Treasury securities by $18.4 billion to $1.2461 trillion in December 2015. In the previous month, it increased its holding by $9.7 billion.

Japan, the second largest foreign holder of US Treasury securities, cut its holding by $22.4 billion to $1.1225 trillion in December.

In December, overall foreign holdings of US Treasury securities rose to $6.1658 trillion from November's $6.1257 trillion.

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