China remains largest buyer of US debt amid Trump trade war and Japan sells off

ArticleDebt crisisMay 15, 2018 - 6:06:13 AM

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… Report

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