Wei Lin

Head of Multi-Asset Investments, BNP Paribas Securities China

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Last updated Oct 19, 2026

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China cuts US Treasury holdings to lowest since 2008 amid global bond sell-off

Money Moves

Notes China's shift toward gold, agency bonds, and equities

China's reported US Treasury holdings fell to $618 billion in July, the lowest since August 2008. The Treasury Department data, released September 16, showed Beijing trimming 2.4% in a single month.

Updated Oct 19