China’s US Treasury holdings slide as India’s climb to $219.7 billion

China’s US Treasury holdings slide as India’s climb to $219.7 billion Washington, Oct 17 (IANS) China’s holdings of US Treasury securities fell sharply in August while India’s rose for a third straight month, according to US Treasury data released. China’s holdings dropped to $590.7 billion at the end of August from $618 billion in July. A year earlier, in August 2025, China held $699.7 billion, meaning its holdings have shrunk by about $109 billion in 12 months, said Treasury International Capital (TIC) in its latest report. India’s holdings rose to $219.7 billion in August from $202.6 billion in July, a gain of about $17 billion in a single month. India’s holdings had fallen to a low of $181 billion in April and have climbed steadily since, to $181.3 billion in May, $186.4 billion in June and $202.6 billion in July. They are now back to roughly where they stood a year earlier, when India held $219.4 billion. The gap between the two Asian economies’ holdings has narrowed to about $371 billion, from about $480 billion a year ago. India ranks 14th among the largest foreign holders of US Treasuries in Treasury’s table of major foreign holders, behind Hong Kong at $261.5 billion and just ahead of Norway at $214 billion. Japan remained the largest foreign holder at $1,068.3 billion, though its holdings fell from $1,103.9 billion in July. The United Kingdom was second at $1,009.5 billion, up from $998.3 billion. China, Mainland, was third, followed by Belgium at $490.5 billion, Canada at $464.6 billion, the Cayman Islands at $463 billion and Luxembourg at $448.2 billion. Overall, the Treasury said there was “a net TIC inflow of $199.8 billion” in August. “Foreign residents increased their holdings of long-term U.S. Securities in August; their net purchases were $300.7 billion,” it said. At the same time, “Foreign residents decreased their holdings of U.S.