China Retains Position as the Largest Foreign Creditor of U.S.
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China retained its lead over Japan as the largest foreign creditor to America in March, U.S. Treasury Department data show.
China’s holdings of Treasuries fell 0.1 percent in March to $1.25 trillion, while Japan reduced its stake by 0.05 percent to $1.1 trillion, according to data released yesterday. China held 11 percent of the U.S. debt, compared with 9.7 percent by Japan. China’s stake reached a record $1.31 trillion in July 2011.