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Open original source ↗China has been quietly dumping U.S. debt.
Its holdings of U.S. Treasuries have fallen by more than half, from a record $1.32 trillion in 2013 to $618 billion in July, the lowest level since 2008.
The selling has been steady:
2022: -$173 billion
2023: -$51 billion
2024: -$57 billion
2026 so far: -$76 billion
China has fallen to the 3rd-largest foreign holder of U.S. debt, behind Japan and the UK.