China increases holdings of US treasury bonds to $780.2 billion in June, a ‘normal market move’ amid forex reserves diversification push

By Global Times,

Aug 16: China's holdings of US treasury bonds reached $780.2 billion in June, a gain of $11.9 billion from a month earlier, marking the second time this year that China has increased the holding since first addition in April, according to data released by the US Department of the Treasury on Thursday. It was the largest increase in holdings so far this year.