China’s Massive Reduction in US Treasury Holdings Raises Global Concerns

A recent report from the US Treasury Department reveals that China has significantly reduced its holdings of US Treasury bonds, selling off approximately $18.9 billion between February and March 2024. This move stands out, as while many nations increased their investments in US debt during this period, China’s strategic divestment highlights a trend with potentially significant global implications. Experts are particularly focused on the potential impact of these changes on the US economy and trade balance. .