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China elevated US debt holdings for first time in six months in November regardless of total decline – NEWPAPER24

China elevated US debt holdings for first time in six months in November regardless of total decline
2021-01-20 02:12:32
Overseas holdings of US Treasuries declined for a fourth straight month in November, though China elevated its load of American debt for the primary time in six months, knowledge from the US Treasury division confirmed on Tuesday.Overseas traders held US$7.053 trillion in US authorities debt in November, down from US$7.068 trillion the earlier month.Chinese language holdings rose to US$1.063 trillion in November from US$1.054 trillion in October. China stays the second largest non-US proprietor of US debt.Japan…