Unic Press UK: The People’s Republic of China, the largest holder of U.S. treasury securities, has slashed its holdings in the last sixth months to November 2018, the Department of the Treasury/Federal Reserve Board said in a report http://ticdata.treasury.gov/Publish/mfh.txt published on January 31, 2019.
As of November 30, 2018, the U.S. treasury securities held by China peaked at $1.1214 trillion, illustrating a $17.5 billion slash when compared with the $1.1389 trillion held as of October 31, 2018.
The United States and China have held several talks, hoping to reach a mutual agreement that would halt the ongoing trade disputes between the two economic powers.
Speaking Thursday at the White House, during a meeting with the Chinese Vice Premier Liu He, the U.S. President Donald Trump said he hopes to meet the Chinese President Xi Jinping to try to reach a comprehensive trade deal.