China has dropped 97 percent of its holdings in U.S. Treasury bills, decreasing its ownership of the short-term U.S. government securities from a peak of $210.4 billion in May 2009 to $5.69 billion in March 2011, the most recent month reported by the U.S. Treasury.
China Has Divested 97 Percent of Its Holdings in U.S. Treasury Bills | CNSnews.com
China Has Divested 97 Percent of Its Holdings in U.S. Treasury Bills | CNSnews.com
Posted by Matt
on June 4, 2011 [Subscribe Here]
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