(Yicai) June 19 -- China, the second-largest creditor nation to the United States, increased its holdings of US Treasury bonds in April for the first time this year.

China’s holdings of US Treasuries rose by USD3.3 billion to USD770.7 billion in April from March, according to data released by the US Department of the Treasury yesterday. It cut them by USD18.6 billion in January, USD22.7 billion in February, and USD7.6 billion in March.

The Asian country has now held less than USD1 trillion of US Treasury bonds since April 2022.

Japan, the US’ largest creditor, pared its holdings by USD37.5 billion to USD1.15 trillion in April. The United Kingdom, the third-biggest creditor, also cut its holdings by USD17.9 billion to USD710.2 billion.

The net foreign inflow into short- and long-term US securities and bank flows stood at USD66.2 billion in April, of which USD22 billion were official funds and USD44.2 billion were foreign private funds, the data from the US Department of the Treasury also showed.

Editor: Futura Costaglione