China increases holding of US debt in July

Updated: 2012-09-19 11:26

By Zheng Yangpeng (chinadaily.com.cn)

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China in July increased its holding of US Treasury securities by $2.6 billion to $1149.6 billion, ranking it first among all countries and regions, according to latest data from US Treasury Department.

China's holding in July was still lower than the $1166.2 holding of Jan, the highest point this year.

Other major US Treasury securities holders, including Japan, Brazil and the Caribbean Banking Centers also increased their holding in July.

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