China is still the largest foreign holder of U.S. debt in October - hpc


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The U.S. Treasury Department announced, in October, Japan continues to pose a threat to China's largest power status of U.S. debt holdings.
China holdings of U.S. Treasuries in October increased by $ 7.9 billion compared with the previous month, to $ 1.162 trillion.
Japan in October, is still a big buyer of U.S. Treasury bonds, debt holdings to new high. Much to replace China becomes largest creditor nation of U.S.
Japan is still the second largest creditor of the United States, debt holdings increased by $ 5.2 billion, to $ 1.135 trillion.
Over the past 12 months, China's U.S. debt holdings reduced by about $ 94 billion, while Japan increase holdings of about $ 29 billion over the same period. Japan is trying to suppress the appreciation of the yen in order to avoid economic damage.
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