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Japan replaces China as top buyer of US treasuries

An employee at a bank counter in Nantong, Jiangsu province, counts renminbi and dollars. [Photo/China Daily] WASHINGTON – Japan overtakes China as the largest holder of US treasuries in October, as China’s holding dropped to the lowest level since June 2010, data from the US Treasury Department showed on Thursday. China cut its treasuries holding by…

[photo credits-featured image: National Numismatic Collection, National Museum of American History [Public domain or CC BY-SA 4.0 (, via Wikimedia Commons – A Series 1890 $1,000 Treasury Note depicting George Meade with the signatures of William Starke Rosecrans and James N. Huston. Meade was a Major General (1862–69) in the U.S. Army (1835–69) and fought in the Mexican-American War and the American Civil War.]

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