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International Business Times
International Business Times
Business

China Keeps Shedding U.S. Sovereign Debt. It Just Hit An 18-Year Low.

China's holding of U.S. Treasurys hit an 18-year low in July as it keeps shedding sovereign debt. (Credit: AFP via Getty Images/Saul Loeb)

China's holding of U.S. Treasurys hit an 18-year low in July as it keeps shedding sovereign debt, new data shows.

The country now holds $618 billion in U.S. debt. The figure is the lowest since August 2008, when they stood at $573.7 billion.

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