China Treasury Holdings Fall to 590.7 Billion Dollars, an 18 Year Low

China cut its US Treasury holdings to 590.7 billion dollars in August, the lowest in 18 years and about 55 percent below its 2013 peak, US Treasury data released October 16 shows. Total foreign holdings still rose 83.3 billion dollars to 9.332 trillion as Canada, Britain and Belgium added exposure. Japan trimmed 35.6 billion dollars to 1.068 trillion.