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China increases U.S. Treasuries holdings despite trade tension
By Joe Rennison and Robin Wigglesworth
Financial Times, London
Monday, April 16, 2018
China expanded its U.S. Treasury holdings in February despite escalating trade tension between Beijing and Washington at the time, helping damp concerns the country could shed U.S. assets to hit back at the Trump administration.
China, the single biggest foreign holder of U.S. government debt, added $8.5 billion to its Treasury holdings in February, taking its total to $1.18 trillion, according to data released by the U.S. Treasury on Monday. ...
... For the remainder of the report:
https://www.ft.com/content/93e1dcda-41ca-11e8-93cf-67ac3a6482fd
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