China's Holdings of U.S. Treasuries Rise to Six-Month High
- Japan sells Treasuries but remains biggest foreign holder
- China is ready to increase its holdings, officials say
Tourists are seen through an ornamental gate at the Palace Museum, colloquially known as the Forbidden City, in Beijing.
Photographer: Raul Vasquez/BloombergThis article is for subscribers only.
China’s holdings of U.S. Treasuries rose for a third straight month in April, reaching the highest in half a year amid signs the economy is stabilizing.
Chinese ownership of U.S. government bonds, notes and bills increased by $4.6 billion to $1.09 trillion in April, remaining the second-largest foreign holder of American debt, according to a monthly Treasury Department report released on Thursday. Japan, the largest non-U.S. holder, decreased its total to $1.11 trillion, down $12.4 billion from a month earlier.