June 2011 Blog Posts (1)

China Has Divested 97 Percent of Its Holdings in U.S. Treasury Bills

China has dropped 97 percent of its holdings in U.S. Treasury bills in the last two years, 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.

 

In December 2008 just after the bank bailout and the stimulus law, overall Chinese holdings of U.S. debt stood at $573.7 billion. By December 2008, China owned $165.2 billion in U.S. Treasury…

Continue

Added by Vance Painter on June 6, 2011 at 11:44pm — No Comments

Monthly Archives

2017

2016

2014

2013

2012

2011

2010

2009

© 2017   Created by Lisa Miller.   Powered by

Badges  |  Report an Issue  |  Terms of Service