Fact Check: "Beijing holds over 1 trillion in U.S. treasury securities."
What We Know
The claim that Beijing holds over 1 trillion in U.S. treasury securities is inaccurate. As of April 2025, China's holdings of U.S. Treasury securities were reported at $757.2 billion. This figure has been on a downward trend, having decreased from $765.4 billion in March 2025 and $784.3 billion in February 2025 (source-1, source-3).
In comparison, Japan currently holds the largest amount of U.S. Treasury securities at $1.134 trillion as of the same reporting period (source-1).
Analysis
The assertion that Beijing holds over 1 trillion in U.S. Treasury securities can be evaluated against the most recent data from the U.S. Department of the Treasury. The official figures clearly indicate that China's holdings are significantly below the 1 trillion mark, which directly contradicts the claim.
Additionally, various reports have highlighted the trend of declining Chinese holdings. For instance, a report from Reuters mentions that China's bond holdings have not only remained below 1 trillion since April 2022 but have also shown a consistent decline. This is further supported by a report from Global Times, which emphasizes the downward trajectory of these holdings.
The reliability of the sources used in this analysis is high, as they are based on official U.S. Treasury data and reputable financial news outlets. The Treasury Department's data is considered authoritative, while Reuters and Global Times are recognized for their coverage of economic issues, although they may have varying editorial slants.
Conclusion
The claim that "Beijing holds over 1 trillion in U.S. treasury securities" is False. The most recent data shows that China's holdings are approximately $757.2 billion, which is well below the 1 trillion threshold. This discrepancy highlights the importance of relying on accurate and up-to-date financial data when discussing national debt and foreign investments.
