Monday, June 6th, 2011
- China Only Reduced US Debt Holdings by 2.5%- Chinese Infowars
- Chinese short term debt holding had dropped to $5.69 billion in Bill holdings (in reality $5.7 billion) when back in June 2010 the total was far lower, or $3.999 billion.
- One could have penned a just as irrelevant headline that "China has divested 98% of Bills" last summer"
- $1139.2 billion in Long-Term Debt
- Chinese Bill holdings only surged back in 2008 as a result of the Lehman Bankruptcy, when everyone scrambled to the safety of short-term US debt.
- Total Chinese holdings have declined for five months in a row, but 2.5% decline in notional bonds from October 2010 through today ($1,175.3 billion to $1,144.9 billion
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