China's holdings of US Treasuries continue to rise

China's holdings of U.S. Treasury securities rose for the fourth month in June, while Japan had kept cutting its holdings to the lowest level since 2013.

China's holdings of the treasuries rose about 900 million U.S. dollars to 1.271 trillion U.S. dollars in June, the latest data from the Treasury Department showed Monday.

China has increased its U.S. treasuries holdings for four months in a row and remained the largest holder of U.S. government debt.

Japan, which overtook China as the biggest foreign holder in February but fell back to the second place in March, cut its holdings by 17.8 billion dollars to 1.197 trillion dollars in June, the lowest since 2013. Japan's holdings have been falling for three consecutive months.

In June, overall foreign holdings of U.S. Treasury securities rebounded to 6.175 trillion U.S. dollars after falling for two months.