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<blockquote data-quote="Babagounj" data-source="post: 812977" data-attributes="member: 12952">WASHINGTON (AFP) –China&#039;s holdings&nbsp; of US bonds reached $1.16 trillion at the end of December, almost $270&nbsp; billion more than previously estimated, new data showed Monday.&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; Beijing, which has converted much of a huge trade surplus with the United States over the past two decades into buying up US&nbsp; treasuries and other securities, held 26.1 percent of the total of $4.44&nbsp; trillion held by foreigners, the Treasury said.&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; The figures came as the US government recalculated its data on foreign holdings of US securities from June 2010.&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; Chinese-held Treasuries have fallen since hitting a high of $1.18&nbsp; trillion in October, under the revised figures. Japan remained by far&nbsp; the second largest holder of US government debt, with $882 billion in&nbsp; December, around $1.3 billion less than original estimates.&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; Britain was third at $272.1 billion.</blockquote>

[QUOTE="Babagounj, post: 812977, member: 12952"] WASHINGTON (AFP) – China's holdings of US bonds reached $1.16 trillion at the end of December, almost $270 billion more than previously estimated, new data showed Monday. Beijing, which has converted much of a huge trade surplus with the United States over the past two decades into buying up US treasuries and other securities, held 26.1 percent of the total of $4.44 trillion held by foreigners, the Treasury said. The figures came as the US government recalculated its data on foreign holdings of US securities from June 2010. Chinese-held Treasuries have fallen since hitting a high of $1.18 trillion in October, under the revised figures. Japan remained by far the second largest holder of US government debt, with $882 billion in December, around $1.3 billion less than original estimates. Britain was third at $272.1 billion. [/QUOTE]

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