China has reduced its holdings of U.S. debt for 3 consecutive months, and its holdings hit a 12-and-a-half-year low (Reuters data photo)

[Financial Channel/Comprehensive Report] The U.S. Department of the Treasury released the International Capital Flows Report (TIC) for November last year, showing that Japan and China are still the top two creditors of U.S. Treasury bonds. It fell to $870 billion, the lowest level since May 2010.

Sina reported that according to the latest data, in November last year, Japan ended the pace of reducing its holdings of U.S. debt in July last year and turned to increase its holdings. In November, it increased its holdings by US$17.8 billion to US$1.0822 trillion, continuing to be the largest in the United States. creditor.

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As for China, it ranks the second largest. However, its debt holdings continue to decline. In May last year, China’s holdings of U.S. debt fell by US$22.6 billion to US$980.8 billion, marking the first time since May 2010 that its holdings were below US$1 trillion. , although there was a slight increase in holdings in July and August, it has been reduced since September. In November, it reduced its holdings by US$7.8 billion to US$870 billion, reducing its holdings for three consecutive months.

From the perspective of the whole year, from the beginning of 2022 to November, the U.S. debt held by Japan and China was 1.3031 trillion U.S. dollars and 1.0601 trillion U.S. dollars respectively; their holdings were reduced by 220.9 billion U.S. dollars and 190.1 billion U.S. dollars respectively.

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