China loses status as US`s largest foreign creditor to Japan
(WorldNews China)

WASHINGTON - Japan surpassed China in June as the top holder of U.S. Treasuries as the trade war between the world`s two largest economies intensified. Japan increased its holdings of U.S. bonds, bills and notes by $21.9 billion to $1.12 trillion, the highest level in more than 2 1/2 years, according to data released by the Treasury Department on Thursday. Meanwhile, China`s ownership rose for the...