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China continues to borrow an average of $2 billion a year from the World Bank, making it one of the Bank’s top borrowers—despite being the world’s second-largest economy and itself a major global lender, according to our study released today.

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1-China’s holdings of Treasuries rose to a five-month high in March, underscoring the allure of U.S. government debt even amid trade tensions between the world’s two largest economies. China’s holdings of U.S. bonds, bills and notes increased by $11 billion to $1.19 trillion in March, according to Treasury Department data released in Washington on Tuesday. […]

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