treasury department: China's US Treasury holdings fell to 1.12 trillion in November 2018, the sixth straight month of sales, according to Global Times China. It was the lowest level since May 2017, figures from the US Treasury Department showed on Thursday. However, sales of US bonds will be moderate and limited, they said. The holdings fell 17.5 billion compared with the previous month. Dong Dengxin, director of the Financial Securities Institute at Wuhan University of Science and Technology, told the Global Times on Friday that holdings of US debt are likely to keep falling, given potential risks due to the China-US trade friction and surging debt of the US government. The Treasury International Capital statistics showed that China remained the largest non-US holder of Treasuries by far.
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