Beijing buys more US debt

Economies of the two nations interdependent, say experts

BEIJING/WASHINGTON - China increased its holdings of United States treasury debt in July after two months of net sales and economists say it is unlikely Beijing's appetite for US assets will fade in the near future as two of the world's largest economies become increasingly interdependent.

China's holdings of treasury bonds rose slightly to $846.7 billion in July after two months of declines, the US Department of Treasury reported on Thursday.