Chinese holdings of US debt edge down in March

China’s holdings of US Treasuries dipped 0.1% in March to US$1.25 trillion, Bloomberg reported, citing Treasury Department data released Wednesday. China remains the largest holder of US debt with 11%, followed by Japan with 9.7%. China also bought US$5.7 billion in additional government agency securities and US$1 billion in corporate bonds, according to the Treasury data. “China’s showed continued faith in the US over the long run, otherwise you wouldn’t be adding $100 billion over the last few months,” said Aaron Kohli, a New York-based interest rate strategist at BNP Paribas.