China Remains Biggest Holder of U.S. Debt

by
May 2, 2010

By SARAH N. LYNCH And MEENA THIRUVENGADAM, The Wall Street Journal

WASHINGTON—The verdict is in: China is still the top holder of U.S. government debt, the Treasury said in a report on Friday.

The report showed that as of December, China held $894.8 billion in U.S. securities. The figure is consistent with a preliminary report released in late February.

Friday’s final version of that report puts to rest a question about whether Japan had surpassed China as the top holder of U.S. debt in December. A report released by the government in mid-February had suggested that China had lost its top spot—one it had gained in 2008.

But then, later that month, the Treasury revised that finding in the preliminary report that found China still held the top spot.

Friday’s report also shows that China’s holdings have declined since the end of last year by $17.3 billion as of February, but nevertheless still remained the top foreign holder with $877.5 billion. Japan in February 2010 had $768.5 billion, while the U.K. had $233.5 billion.

From:  http://online.wsj.com/article/SB10001424052748704093204575216680676960908.html?mod=WSJ_hpp_MIDDLENexttoWhatsNewsThird

No comments yet - you can be the first!

Leave a Reply

Your email address will not be published. Required fields are marked *

Keep the Fake News Media in check.

Don’t let the MSM censor your news as America becomes Great Again. Over 500,000 Americans receive our daily dose of life, liberty and pursuit of happiness along with Breaking News direct to their inbox—and you can too. Sign up to receive news and views from The 1776Coalition!

We know how important your privacy is and your information is SAFE with us. We’ll never sell
your email address and you can unsubscribe at any time directly from your inbox.
View our full privacy policy.