- Jul 20, 2018 -
China increased its holdings of U.S. debt by $1.2 billion in May from a month earlier, the second highest in a year after march, and remains the largest foreign creditor to the United States. By the end of may, China held $1.18 trillion in U.S. Treasury debt, or 7.9 percent of total U.S. government debt. Japan, the second-largest U.S. foreign creditor, increased its holdings of U.S. debt by $17.6 billion to $1.05 trillion in May. Foreign holdings of U.S. debt fell to 41.59 percent from 43.69 percent a year earlier.