Japan is the other power nation to also lower their holdings of US Treasuries
Back in 2004 - 2005, both China and Japan combined accounted for more than 50% of foreign holdings of US Treasuries. As of November last year, that amount has dropped down to just around 36%.
Eamonn had a bit more on the news here earlier regarding China and the ruckus that ensued last week when officials said that they were considering to curtail purchases of US debt.
But Japan's share has steadily declined as well, with the latest drop of 0.9% to $1.08 trillion being the lowest in more than 4 years, according to Bloomberg.