Lest we don't quite get it. They're NOT our friends-----China ramps up Treasury purchases to record high

China ramps up Treasury purchases to record high:
"China's holdings of U.S. Treasurys climbed to a record high in May despite a broad selloff in the country's government debt.
China, the biggest foreign holder of U.S. sovereign bonds, raised its holdings of government debt by $25.2 billion to $1.316 trillion, according to the U.S. Treasury Department international capital (TIC) data published late Tuesday.
Japan, the second largest holder, meantime, lowered its holdings by $1.7 billion to $1.11 trillion."