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China adds US$300 mln in US Treasury bonds in Sep

Nov. 19, 2012 (China Knowledge) - China, the world's largest holder of foreign exchange reserves, added US$300 million of U.S. treasury bonds in September, according to a report released by the U.S. Treasury Department last Friday.

According to a report, China had held US$1.16 trillion in U.S. debts as of the end of September.

In the first nine months of this year, China adds a total of US$24.8 billion worth of U.S. treasury debt and the country still maintained the position as the biggest foreign holder of U.S. treasury debt.

In the same period, Japan, the second-biggest holder of U.S. treasury bonds, increased its holdings by US$72.7 billion to US$1.14 trillion.

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