China now holds $65,438 +0. 1.205 trillion. China and Japan have long been the top two "creditors" in the US Treasury bond market. In 2008, China surpassed Japan to become the largest holder of US debt for the first time. After that, the two sides repeatedly changed positions on the issue of the largest creditor in the United States. Since 2065438+June 2009, Japan has maintained the status of the largest creditor country in the United States.

How much US Treasury bonds does China hold now?

China and Japan continued to reduce their holdings of US debt, which also made the amount of US Treasury bonds sold by foreign governments reach $3,465,438+billion in May. The market believes that the Fed will continue to raise interest rates. When it faces record high inflation data again in June, the Fed will raise interest rates by 75 basis points. In contrast, the attractiveness of US debt is weakening. The main reason for China to buy US Treasury bonds is that its focus is not on investment interest rate, but on stabilizing the exchange rate of its currency against the US dollar to protect its export industry. China is like a "transit warehouse" for world capital circulation: on the one hand, foreign capital keeps pouring in, earning high returns and raising the balance of foreign exchange reserves; On the one hand, the net outflow of funds from China has been going on for many years, and the return on investment is low.