China slightly increased its U.S. Treasury holdings in August and September, but the small uptick did little to change its long-term retreat from American debt.
#China cuts holding of #US #Treasury bonds in September, the 5th monthly reduction for 2025, latest report showed. A Chinese analyst said China’s reliance on the US dollar for reserves, trade settlement and investment purposes has dropped amid shifts in global economic landscape.… pic.twitter.com/CExZuDzCBu
— Global Times (@globaltimesnews) November 19, 2025
According to new U.S. Treasury data, Beijing held about $700.5 billion in Treasuries in September, far below its 2013 peak of $1.32 trillion.
The decline reflects China’s ongoing concerns about U.S. debt levels and questions about the Federal Reserve’s independence, especially after President Donald Trump nominated adviser Stephen Miran to the Fed board, raising fears of political pressure on monetary policy.
Foreign holdings of U.S. Treasuries slipped in September, data from the Treasury Department showed on Tuesday, declining for the first time in six months. https://t.co/BrmjZkZy3a
— Reuters China (@ReutersChina) November 19, 2025
Foreign holdings of U.S. Treasuries remained strong overall, reaching $9.249 trillion in September. Japan increased its position to $1.19 trillion, while the United Kingdom reduced its holdings to $865 billion.
As Beijing trims U.S. debt, it continues building its gold reserves. China added 30,000 ounces in October, bringing its total to over 74 million ounces.
Analysts say global demand for gold is surging amid geopolitical instability and long-term doubts about the U.S. dollar.
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TIPP Staff
TIPP Staff
Lawrence Kudlow
