February 19, 2025

China's holdings of US Treasury bonds fell to $759 billion in December, according to data released by the US Treasury Department on Tuesday (US time). It marked a ninth month of declines in China's holdings of US government debt in 2024, according to the data.

During the last month of 2024, the three largest foreign holders of the US government debt - Japan, China and the UK - all reduced their holdings, the data showed.

A Chinese financial sector analyst said that China has been diversifying its foreign exchange reserve assets in recent years as part of routine operations, increasing its purchases of assets such as gold.

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