China No Longer Biggest US Debt Holder, Japan Is – 17 April 2015

RT logoJapan now officially holds more US debt than China, which has been America’s major creditor since 2008. In February Japan held $1.224 trillion in US government bonds compared to China’s $1.223 trillion.

Both countries reduced their US debt investment, with China reducing its by $15.4 billion, and Japan by $14.2 billion, data from the Treasury Departments monthly report on bond holdings, published on Wednesday, shows.

In the last year, Japan has boosted its US Treasury debt by $13.6 billion, while China has decreased holdings by $49.2 billion.

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