{"id":143699,"date":"2025-11-19T22:35:13","date_gmt":"2025-11-19T22:35:13","guid":{"rendered":"https:\/\/www.newsbeep.com\/nz\/143699\/"},"modified":"2025-11-19T22:35:13","modified_gmt":"2025-11-19T22:35:13","slug":"chinas-us-treasury-holdings-edge-up-as-long-term-sell-off-continues","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/nz\/143699\/","title":{"rendered":"China\u2019s US Treasury holdings edge up as long-term sell-off continues"},"content":{"rendered":"<p>China slightly increased its US Treasury holdings in August and September \u2013 though the uptick did little to offset an <a target=\"_self\" class=\"e1yy41x40 ef9u0v01 css-1ankfgb ecgc78b0\" href=\"https:\/\/www.scmp.com\/economy\/global-economy\/article\/3326123\/chinas-us-treasury-holdings-are-record-lows-where-investment-going?module=inline&amp;pgtype=article\" title=\"\" data-qa=\"BaseLink-renderAnchor-StyledAnchor\" rel=\"nofollow noopener\">overall downward trend<\/a> \u2013 as persistent worries over US debt sustainability and the Federal Reserve\u2019s independence deepened doubts about the safety of assets backed by the US dollar.<\/p>\n<p datatype=\"p\" data-qa=\"Component-Component\" class=\"e8zc9q40 css-1c6uqr6 ec74h0k1\">The country\u2019s stockpile rose to US$701 billion in August, up from July\u2019s multi-year low of US$696.9 billion, but it again trimmed the total to US$700.5 billion in September, according to data from the US Treasury Department released on Tuesday.<\/p>\n<p datatype=\"p\" data-qa=\"Component-Component\" class=\"e8zc9q40 css-1c6uqr6 ec74h0k1\">Foreign holdings data for August and September was released after the record-breaking 43-day shutdown of the US federal government ended last week.<\/p>\n<p datatype=\"p\" data-qa=\"Component-Component\" class=\"e8zc9q40 css-1c6uqr6 ec74h0k1\">Beijing\u2019s September holdings represent a steep 47 per cent plunge from the peak of US$1.32 trillion recorded in November 2013, according to Chinese financial data provider Wind.<\/p>\n<p>China, which fell to third place among foreign Treasury holders in March \u2013 behind Japan and the United Kingdom \u2013 has largely maintained a <a target=\"_self\" class=\"e1yy41x40 ef9u0v01 css-1ankfgb ecgc78b0\" href=\"https:\/\/www.scmp.com\/economy\/global-economy\/article\/3326123\/chinas-us-treasury-holdings-are-record-lows-where-investment-going?module=inline&amp;pgtype=article\" title=\"\" data-qa=\"BaseLink-renderAnchor-StyledAnchor\" rel=\"nofollow noopener\">steady retreat<\/a> from US government debt, a shift that began during US President Donald Trump\u2019s first term.In August, Trump nominated his top economic adviser, Stephen Miran, to a vacant seat on the Fed\u2019s board of governors \u2013 a move that deepened concerns about the <a target=\"_self\" class=\"e1yy41x40 ef9u0v01 css-1ankfgb ecgc78b0\" href=\"https:\/\/www.scmp.com\/opinion\/comment\/article\/3323758\/erosion-us-fed-independence-worry-hong-kong?module=inline&amp;pgtype=article\" title=\"\" data-qa=\"BaseLink-renderAnchor-StyledAnchor\" rel=\"nofollow noopener\">central bank\u2019s independence<\/a>, as the president seeks greater influence over monetary policy to push down borrowing costs.<\/p>\n","protected":false},"excerpt":{"rendered":"China slightly increased its US Treasury holdings in August and September \u2013 though the uptick did little to&hellip;\n","protected":false},"author":2,"featured_media":143700,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[642,4177,138,607,65,219,866,1759,5832,111,139,69,8037,12016,96965,2025,5262,10132,96967,96966],"class_list":["post-143699","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-august","tag-beijing","tag-business","tag-china","tag-donald-trump","tag-economy","tag-federal-reserve","tag-japan","tag-july","tag-new-zealand","tag-newzealand","tag-nz","tag-september","tag-stephen-miran","tag-tsinghua-financial-review","tag-united-kingdom","tag-us-dollar","tag-us-treasury","tag-us-treasury-department","tag-zhou-xiaochuan"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/143699","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/comments?post=143699"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/143699\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media\/143700"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media?parent=143699"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/categories?post=143699"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/tags?post=143699"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}