China has reduced its holdings of $4.4 billion trillion in U.S. Treasuries for the first time in a year

(Reporter Li Joe) The latest monthly figures released yesterday by the US Treasury show China's net reduction of $4.4 billion trillion in US Treasuries this April.　　This is China's first net reduction since last February. Data show that China's monthly net increase of 10.327 billion U.S. dollars in the U.S. long-term Treasury bonds, which means that the net reduction part of the main short-term debt.　　In addition to US Treasuries, China also reduced its $946 million trillion U.S. institutional debt in April, reducing its $1.754 billion trillion in U.S. corporate debt. According to the US Treasury's statistics, investors holding US Treasuries include both the People's Bank of China and other institutions approved by Chinese-owned commercial banks, China-owned companies and Beijing's government. Tan Yaling, executive director of the China Institute of International Economic Relations, said that the April reduction is not necessarily the official act of China, it may be a commercial organization in the reduction. Compared with the total amount of US Treasuries currently held in China, the 4.4 billion trillion dollar reduction is a small number.　　Shen, chief economist at Caijing, argues that the recent narrowing of China's foreign trade surplus and foreign direct investment has slowed the growth of foreign exchange reserves, thus reducing the strength of investment in US Treasuries. U.S. Treasuries will also face a new round of capital diversion pressure. To help countries cope with the financial crisis, the International Monetary Fund (IMF) has recently issued a new batch of bonds. Last week, officials from both Brazil and Russia said they planned to sell Treasuries to raise funds in order to subscribe to 10 billion of billions of dollars in IMF bonds.　　Earlier this month, China's State administration of foreign exchange said it was actively considering buying no more than $50 billion trillion of IMF bonds in a safe and reasonably profitable range. In April this year, in addition to China, Japan, Russia and Brazil and other countries and regions also reduced their holdings of U.S. Treasury bonds. Of the top 5 holders of US Treasuries, only the UK has increased by 24.6 billion dollars. By the end of April, China had held $763.5 billion trillion in US Treasuries and remained the largest holder. Since last April, China has accumulated a net increase of $261.5 billion trillion in US Treasuries.