Source: South China Morning Post [Hong Kong]
“China reduced its stockpile of US Treasuries to a 16-year low in April, as an escalating trade war with Washington sparked concerns about the long-standing status of American government bonds as the world’s safest asset. Beijing’s holdings dropped to US$757 billion, down US$8.2 billion from March, according to the latest data released by the US Treasury Department. The figures for April marked the second consecutive month of decline and the lowest level since March 2009, according to data compiled by Wind. Having already slipped to the No. 3 position among foreign holders in March – behind Japan and the United Kingdom – China continued its steady retreat from US government debt, a trend that began during Trump’s first term.” (06/19/25)