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A Chinese clerk counts US dollar and renminbi banknotes at a bank in Huaibei city, East China's Anhui province, Jan 22, 2015. [Photo/IC] |
China reduced its holding of the treasuries by $1.8 billion to $1.2428 trillion in April. The country has cut its holding for two consecutive months by April.
Japan, the second largest foreign holder of US treasuries, increased its holding by $5.7 billion to $1.1428 trillion in April.
In April, overall foreign holdings of US Treasury securities dropped to $6.2385 trillion from $6.287 trillion in March.
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