Well, that was short-lived. After just one month, China has nudged Japan out of the way, retaking the top spot as the world's biggest holder of U.S. debt.
Treasury Department data released Friday showed that China owned $1.261 trillion worth of U.S. government securities at the end of March, compared to $1.2269 trillion for Japan.
China retakes spot as biggest holder of U.S. debt - May. 18, 2015
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