Beijing is the largest holder and buyer of the US Treasury securities despite the two countries being engaged in a spiral of mutual trade restrictions.
In one year, China has increased its holdings of the US debt from $117 billion to $118 trillion despite the harsh rhetoric from the White House. One of US' closest allies Japan, on the contrary, has sold $56 billion in treasuries over the period to $1.059 trillion. RT talked to an analyst who explained why it is not the other way round…
Source:RT.com Report