China Has Divested 97 Percent of Its Holdings in U.S. Treasury Bills

China Has Divested 97 Percent of Its Holdings in U.S. Treasury Bills CNSnews.com
"China has dropped 97 percent of its holdings in U.S. Treasury bills, decreasing its ownership of the short-term U.S. government securities from a peak of $210.4 billion in May 2009 to $5.69 billion in March 2011, the most recent month reported by the U.S. Treasury."