China increased its holding of U.S. Treasury securities in April for the third consecutive month, the latest data from the U.S. Treasury Department showed on Thursday. Japan, the largest non-US holder of government debt, decreased its total to $US1.11 trillion, down $US12.4 billion from a month earlier. Chinese ownership of United States government bonds, notes and bills increased by $4.6 billion to $1.09 trillion in April, remaining the second-largest foreign holder of American debt, according to a monthly Treasury Department report released on Thursday.
Overall foreigners in April bought the smallest amount of long-term USA securities in four months.
The forex reserves expanded for the fourth month in a row in May after capital flight pressure eased and the value of the renminbi strengthened. Reserves climbed $US24 billion to $US3.05 trillion in May, the People's Bank of China said this month, the biggest increase since April 2014.
Belgium's ownership of Treasuries, often seen as a home to China's custodial accounts, fell in April to $US96.4 billion.