China ratchets up US securities sell-off ...News

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China ratchets up US securities sell-off
Beijing’s holdings of US Treasuries dropped to their lowest level since 2009 The amount of US stocks and bonds sold by Chinese investors hit a four-year high in August, according to the latest data released by the US Treasury Department on Thursday. Sales of equities totaled about $5.1 billion, marking a record for monthly sales of US stocks by investors from the Asian nation, while they also sold agency bonds. Data showed that China's holdings of US Treasuries fell to $805.4 billion, hitting the lowest level since May 2009, when Beijing held $776.4 billion in US debt. The surge in sales of US securities has fuele

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