China cuts U.S. treasuries holding in July
China shed its treasuries holding by $22 billion in July, with the total holding down to $1.2188 trillion . It has cut its treasuries holding for two consecutive months.
Japan, the second largest foreign holder of U.S. treasuries, increased its holding by $6.9 billion to $1.1546 trillion in July.
By the end of July, overall foreign holdings of U.S. Treasury securities dropped to $6.2479 trillion from June's $6.2828 trillion . ■