China’s holdings of US Treasuries are down to ~$780 billion, near a 15-year low.

Over the last 3 years, China’s Treasury holdings have declined by 30%, or $300 billion.

Since the 2013 peak, China has dumped a total of ~$540 billion of Treasuries.

Now, foreign holdings of US Treasury securities as a share of outstanding federal debt is down from 35% to 24% over the last decade.

This share sits now near the lowest level in 18 years.

- Source: Kobeissi Letter