China's U.S. Treasurys holdings fall below $1 trillion for first time in 12 yrs
The amount of U.S. Treasury securities held by China fell below $1 trillion, according to data released late on Monday.
In all likelihood, China holds more than $1 trillion of Treasury securities, through intermediaries. Belgium, for example, is the number-eight holder of U.S. debt at $268 billion, and analysts have said some portion of that figure comes from China. China also holds agency debt backed by the U.S. government.
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