China raised its holding of U.S. Treasury securities by $1.8 billion in September, bringing its total holdings to $798.9 billion, according to the latest report issued by the U.S. Department of the Treasury.
China increased its holdings by $180.7 billion in the 12 months ended Sep. 30, 2009.
China remains the largest holder of U.S. debt.
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Japan, the second-largest holder of U.S. Treasury securities, increased its holdings by $20.3 billion to $751.5 billion in September.
The report showed that the overall demand for long-term U.S. financial assets climbed in September, with foreign holders purchasing $40.7 billion more in assets than they sold.
