China’s US Treasury holdings fall to lowest since August 2008
AI Summary
China reduced its holdings of US Treasuries to their lowest level since August 2008.
August 2008 marks the latest point at which China’s Treasury holdings were this low.
The decline highlights a shift in Beijing’s management of its reserves.
China’s holdings of US Treasuries have declined to their lowest level since August 2008, highlighting a shift in how Beijing manages its reserves. US Treasuries are debt securities issued by the U.S. government.
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