China ups US debt holdings

Updated: 2012-04-17 13:58


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China's holdings of US Treasuries increased by 1.1 percent to $1.19 trillion in February, Bloomberg reported Tuesday, citing data released by US Treasury Department.

China increased its holdings of longer-term notes and bonds by $11.9 billion, or 1 percent, to $1.175 trillion, according to Bloomberg. China increased short-term bills by $800 million to $3.8 billion, the report added.