Chinese holdings in U.S. debt hits record high in 2017

Chinese holdings in U.S. debt hits record high in 2017

A statue of Albert Gallatin, a long-serving U.S. secretary of the Treasury, stands in front of the U.S. Treasury building in Washington, D.C., U.S., on Tuesday, Aug. 16, 2011. U.S. President Barack Obama went on the attack against Republicans running to oppose him next year and those in Congress, whose refusal to compromise, he said, was to blame for the economic uncertainty gripping consumers and businesses. Photographer: Brendan Smialowski/Bloomberg

China increased its holdings of U.S. Treasuries last year by the most since 2010, in a signal its demand for American debt remains resilient.

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