China Liquidated A Record $83 Billion In Treasurys In July

• China Liquidated A Record $83 Billion In Treasurys In July
  by Tyler Durden, www.zerohedge.com 
  Back in May, when we first reported the “The Identity Of The Mystery “Belgian” Buyer Of US Treasurys” we made it clear that i) China was using Belgium as an offshore proxy for Treasury buying and – as of this year – selling and ii) that more selling was imminent.
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  Then, when we last updated this analysis on July 17, 3 weeks before the market was shocked by China’s announcement, we explicitly said that “putting all of this together, it reveals that China has already dumped a record total $107 billion in US Treasurys in 2015 to offset what is now quite clear capital flight from the mainland, and the most aggressive attempt to keep the Renminbi stable.“
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  All of this was confirmed on August 11, and over the past month when not only China devalued its currency but proceeded to dump a record amount of Foreign Reserves,some $94 billion in the month of August. 
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  The answer: according to TIC, China, between its mainland and Euroclear holdings, sold a record $83 billion in Treasurys in the month of July. It also means that China has liquidated a whopping $184 billion notional in US Treasurys in 2015.
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