China has raised its U.S. government debt holdings to the highest level this year, according to Treasury data published on June 15.
The Chinese government raised its U.S. Treasury bond holdings to $900.2 billion in April, its highest level since November 2009, the Treasury Department said in a monthly report on international capital flows.
China remained far ahead as the top foreign debt holder, followed by Japan, which held $795.5 billion in April, and third-placed Britain at $239.3 billion.
There has been an influx of investments into U.S. Treasury bonds amid the mounting European debt crisis.
The latest Treasury data also showed that net foreign purchases of U.S. securities rose in April but at a slower pace than the record set in March.
Net long-term foreign purchases fell to $83 billion from a record $140.5 billion in March.
Copyright Agence France-Presse, 2010