β€œChina has significantly reduced its holdings of U.S. Treasuries in recent years. At the end of December 2024, its portfolio stood at $759 billion, the lowest since February 2009. This represents a decline of approximately $557 billion from the all-time high of more than $1.31 trillion reached in November 2013. β€œ

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I understand they have been buying through intermediaries such as the UK. That's why the UK number looks higher but it's really China.