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China bought more US debt in May despite talk of financial war amid rising trans-Pacific tensions

Summary:
[unable to retrieve full-text content]China modestly increased its holdings of US Treasury securities in May, the first in three months, despite rising trans-Pacific tensions and growing talk of a financial war between the world’s two largest economies.China added US.9 billion of US Treasury securities in May from a month earlier, after cutting its holdings in each of the previous two months, according to a report released by the US Treasury Department last week.The modest growth came at a time when fears are growing that…

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[unable to retrieve full-text content]
China modestly increased its holdings of US Treasury securities in May, the first in three months, despite rising trans-Pacific tensions and growing talk of a financial war between the world’s two largest economies.China added US$10.9 billion of US Treasury securities in May from a month earlier, after cutting its holdings in each of the previous two months, according to a report released by the US Treasury Department last week.The modest growth came at a time when fears are growing that…

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