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China,Beijing offloaded a total of $53.3 billion of (US) Treasuries and agency bonds combined in the first quarter Below excerpt reported by Kondo. M. and Ouyang. I. / Bloomberg (2024, May 16). China Sells Record Sum of US Debt Amid Signs of Diversification. Yahoo Finance 'China sold a record amount of Treasury and US agency bonds in the first quarter, highlighting the Asian nation’s move to diversify away from American assets as trade tensions persist.' 'Beijing offloaded a total of $53.3 billion of Treasuries and agency bonds combined in the first quarter, according to calculations based on the latest data from the US Department of the Treasury. Belgium, often seen as a custodian of China’s holdings, disposed of $22 billion of Treasuries during the period.' 'China’s investments in the US are garnering renewed investor attention amid signs that tensions between the world’s largest economies may worsen. President Joe Biden has unveiled sweeping tariff hikes on a range of Chinese … Read more