China’s pile of notes, bills and bonds dropped to $1.12 trillion in November, from $1.14 trillion in October, according to data from the Treasury Department released Thursday. China remains the U.S.’s biggest foreign creditor. The data come as U.S. and Chinese delegations wrap up two days of trade discussions in Washington, with just four weeks until a deadline for the U.S. to escalate tariffs on $200 billion of Chinese goods.
