China's US Treasury holdings fell to their lowest level since 2009 in May this year, currently standing at a total $756.3 billion, according to data released by the US Treasury Department. 

This marked the third consecutive month of decline, coming in response to growing concern over renewed trade tensions between Washington and Beijing. 

The data shows that Chinese holdings of US treasuries have fallen to a new low since 2009. Beijing has reduced its exposure by almost $1 billion from the number reported in April this year. 

China significantly decreased its exposure to US debt by almost $19 billion in March, bringing it down to third place among top holders of treasuries after Japan and the UK.