megimoo
02-28-2011, 10:48 PM
– China's holdings of US bonds reached $1.16 trillion at the end of December, almost $270 billion more than previously estimated, new data showed Monday.
We owe:
China: $ 1.18 trillion in October
Japan: $ 882 billion in December
Britain: $ 272.1 billion.
Beijing, which has converted much of a huge trade surplus with the United States over the past two decades into buying up US treasuries and other securities, held 26.1 percent of the total of $4.44 trillion held by foreigners, the Treasury said.
snip
Chinese-held Treasuries have fallen since hitting a high of $1.18 trillion in October, under the revised figures.
Japan remained by far the second largest holder of US government debt, with $882 billion in December, around $1.3 billion less than original estimates.
Britain was third at $272.1 billion.
http://news.yahoo.com/s/afp/20110228/pl_afp/useconomyfinancebondschina
We owe:
China: $ 1.18 trillion in October
Japan: $ 882 billion in December
Britain: $ 272.1 billion.
Beijing, which has converted much of a huge trade surplus with the United States over the past two decades into buying up US treasuries and other securities, held 26.1 percent of the total of $4.44 trillion held by foreigners, the Treasury said.
snip
Chinese-held Treasuries have fallen since hitting a high of $1.18 trillion in October, under the revised figures.
Japan remained by far the second largest holder of US government debt, with $882 billion in December, around $1.3 billion less than original estimates.
Britain was third at $272.1 billion.
http://news.yahoo.com/s/afp/20110228/pl_afp/useconomyfinancebondschina