The Japanese government again reduced its holdings of US government bonds in December. In total, it sold bonds worth $ 22.5 billion. As a result, the total stock currently stands at about $ 1.06 trillion, the lowest level since 2012. This makes Japan the second most important creditor of the US government, behind China.
By contrast, the Chinese government increased its holdings by about $ 8.5 billion in December to $ 1.18 trillion. The acquisitions in the entire year 2017 were as extensive as last 7 years ago, reports the financial blog Zerohedge.
You can read the rest @
https://deutsche-wirtschafts-nachrichten.de/2018/02/17/japan-verringert-bestand-us-staatsanleihen/ [translation required]
And I thought they were our friends.
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