China may slowly terminate its holdings of US treasury bonds and notes, due to increasing tensions between Beijing and Washington, state-backed newspaper Global Times cited experts as saying. 

With relations worsening between Sino-US over various issues including coronavirus, trade and technology, global financial markets are more and more concerned whether China would sell the US government debt it keeps as a weapon to counter increasing US pressure.

China has consistently reduced its holdings of US bonds this year, although certain market watchers reckon that China might not have necessarily sold US treasuries as it might have used other custodians to purchase treasuries.