/ world today news/ The PRC has increased its lead over Japan in holding US Treasuries by $1 billion compared to May, and so the total amount of Washington’s bond obligations to Beijing has reached $1,271 billion.
The announcement was made by “Interfax”, citing the results of a study by the US Treasury Department and the Federal Reserve System published this night.
In second place is still Japan, which, however, has reduced its investments in American bonds by 17.8 billion dollars, and they have fallen to 1197 billion dollars.
The reports about the huge Russian credits turned out not to be true – in June, Russia increased its investments by only 1.4 billion, and so they reached only 72 billion dollars, which, against the background of the total national debt of the United States of 18 trillion, constitutes more less than 0.5%. Russia ranks as high as 22nd among US creditors, up from 12th last year.
The top ten holders of US Treasuries also include Switzerland, Great Britain, OPEC, Brazil, Taiwan, Hong Kong and Belgium. The total volume of investments in June increased by 40.4 billion dollars.
#Japan #China #largest #creditors
