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China added US$ 1.5 bln US Treasuries in Apr

Jun. 18, 2012 (China Knowledge) – China raised its holding of U.S. Treasury securities by US$1.5 billion in Apr this year, according to the latest report issued by the U.S. Department of the Treasury.

As of the end of April, China saw its holding of U.S. Treasury securities amounted to US$1.15 trillion and it remains the largest holder of U.S. debt.

China raised its holding of U.S. Treasury securities by US$14.3 billion and US$14.7 billion in January and March 2012, while it sold US$11 billion in Feb this year.

According to an earlier statistic released by People's Bank of China, China's foreign exchange reserve reached US$3.3 trillion at the end of March 2012.

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