China has been replaced by Japan for the first time as the second largest holder of US treasuries in October.

今年10月中国被日本取代，首次成为美国国债第二大持有国。

China cut its treasuries holding by 41.3 billion U.S. dollars in October, with the total holdings down to 1.12 trillion dollars.

This marks the sixth month that China has cut its holdings of US treasuries.

Japan also shed its treasuries holdings by a smaller amount - 4.5 billion dollars to 1.13 trillion dollars.

By the end of October, overall foreign holdings of US Treasury debt fell to 6.04 trillion dollars from September's 6.15 trillion dollars.