China increases holding of US debt in July

China in July increased its holding of US Treasury securities by $2.6 billion to $1149.6 billion, ranking it first among all countries and regions, according to latest data from US Treasury Department.

China's holding in July was still lower than the $1166.2 holding of Jan, the highest point this year.

Other major US Treasury securities holders, including Japan, Brazil and the Caribbean Banking Centers also increased their holding in July.