Japan Surpasses China to Become US's Largest Foreign Creditor
Xu Wei
DATE:  Aug 16 2019
/ SOURCE:  yicai
Japan Surpasses China to Become US's Largest Foreign Creditor Japan Surpasses China to Become US's Largest Foreign Creditor

(Yicai Global) Aug. 16 -- Japan's holdings of US treasury bonds exceeded those of China in June despite an increase in both numbers.

Japan's ownership of US government debt rose by USD21.9 billion to USD1.1229 trillion, a new high in nearly three years, according to data released by the US Department of the Treasury. China boosted its tally by USD2.3 billion to a total of USD1.1125 trillion. 

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