First Treasuries, Now China Is Also Liquidating US Stocks
by Tyler Durden
ZeroHedge.com
Jun 16, 2016
As it turns out, China wasn’t selling only Treasurys. According to a Bloomberg analysis when peeking deeper at the TIC data, while China’s sales of Treasuries have slowed, its holdings of U.S. equities are now showing steep declines as Beijing proceeds to liquidate a substantial portion of its US equities: China’s stash of American stocks sank about $126 billion, or 38%, from the end of July through March, to just $201 billion. That far outpaces selling by investors globally in that period.
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