China trimmed its holdings in U.S. Treasury securities by $11.2 billion to $895.6 billion in November 2010, said the U.S. Department of Treasury. This is the first reduction after four consecutive months of increases.

China remains the largest foreign holder of U.S. Treasury securities, ahead of Japan, which increased its holdings by $2.2 billion in November to $877.2 billion. Total holdings of Treasury securities by all foreign countries amounted to $4.35 trillion, an increase of 0.9 percent from the previous month. This was widely considered a sign that other nations still have an appetite for dollar assets.