Money

China just ramped up its holdings of US treasuries

11 monthes ago   |   By

Sean M. Haffey/Getty Images
China was buying US treasuries at the fastest rate in six months just prior to the recent trade spat between the two countries.
Bloomberg reports that China's holdings of US government debt rose by $US8.5 billion in February to a total of $US1.18 trillion. The increase means China retained its position as the largest foreign creditor to the US. See the rest of the story at Business Insider NOW WATCH: Wall Street's biggest bull explains why trade war fears are way overblown See Also: $1 TRILLION DEFICITS FOR YEARS: Westpac explains why the US budget outlook is...
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