Japan upped its holdings of US Treasury securities by more than China did in Aug - more likely that China will cease to be the chief foreign creditor to the US.
US Treasury Department on Wednesday announced that Under Secretary for International Affairs Lael Brainard was scheduled to visit China this week on economic discussions.
China in July increased its holding of US Treasury securities by $2.6 billion to $1149.6 billion, ranking it first among all countries and regions, according to latest data from US Treasury Department.
The US Treasury Department said China has not met standards of a currency manipulator, but it would closely monitor the pace of the yuan appreciation.
The rise in China's holdings of US Treasury bonds in February was a result of concerns over the eurozone, experts said.
US Treasury Department said on Friday that it welcomed the latest eurozone efforts to bolster its firewall to contain the region's debt crisis.
China increased its holdings of US Treasury securities by a slight $8 billion to a total of $1.16 trillion in January after cutting the purchase for five consecutive months, according to data released by the US Treasury Department on Friday.
China, the largest foreign creditor to the United States, increased its US Treasury holdings by $8 billion to $1.16 trillion in January after cutting its purchase for five months, according to data released by the US Treasury Department on Thursday.
China has made the first annual reduction in its holdings of US Treasury bonds in a decade, a sign that the country is accelerating the move away from dollar assets in search of more diversified investment channels.
China cut its holdings of United States Treasury securities by $3.19 billion in December to a 19-month-low of $1.10 trillion.
China cut its holdings of United States Treasury bonds to the lowest level in 16 month in November in a step that analysts said was meant to continue the diversification of the country's foreign exchange reserves amid global uncertainties.
China sold US Treasurys in August, reducing its net holdings but remaining the largest foreign holder, Dow Jones Newswires reported citing the US Treasury Department.
Washington - A top US Treasury official was on her way to Beijing on Friday ahead of votes in the US Senate next week on legislation to crack down on Chinese currency practices.
China purchased another $5.7 billion of US Treasuries in June, an investment described by one expert as "the best of a bad bunch". Dollar assets concern eased
NEW YORK - Treasury yields on debt maturing in 10 years and less fell to all-time lows as the United States Federal Reserve said economic growth was "considerably slower" than forecast and it would keep borrowing costs on hold until mid-2013.
China has "little choice" but to continue buying US Treasury bonds in the short term despite the potential risk of Washington defaulting on its obligations to foreign bondholders, analysts said on Tuesday.
US urged India to push ahead with reforms, particularly in the finance sector, to realize the "enormous potential" in economic ties.
China, the biggest buyer of US Treasury debt, boosted its holdings in April, the first increase after five straight declines.
The US Treasury Department said in a report released on Friday that China was not manipulating its currency. The renminbi appreciated by 5.1 percent against the dollar in nominal terms from June 2010 to April 2011.
China, the biggest buyer of US Treasury securities, trimmed its holdings for a fourth straight month in February.