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China and India Slash $10.3 Billion in US Treasury Holdings in November 2025
In November, China and India, both members of the BRICS bloc, jointly sold $10.3 billion worth of US Treasuries. China reduced its holdings by $6.1 billion and has cut a total of $86 billion between November 2024 and November 2025, while India lowered its stake by $4.2 billion, bringing its overall holdings down from $234 billion to $186.5 billion over the same period. The moves came as Danish pension fund AkademikerPension prepared to sell about $100 million in US government debt, a step the US Treasury Secretary characterized as insignificant.