WASHINGTON ( TheStreet) -- The Treasury Department said Thursday net purchases by foreign residents of long-term U.S. securities were $94.7 billion in January. China was the top holder of U.S. Treasuries during the month -- its holdings rose to $1.16 trillion from $1.152 trillion in December. Japan was the second-largest holder of U.S. Treasuries -- it held $1.08 trillion in January. Net foreign purchases of long-term securities were $101 billion, when taking into account transactions in both foreign and U.S. securities. The net foreign acquisition of long-term securities, the change in foreign holdings of short-term U.S. securities, and banking flows yielded monthly net inflows of $18.8 billion, Treasury said. -- Written by Joseph Woelfel >To contact the writer of this article, click here: Joseph Woelfel >To submit a news tip, send an email to: firstname.lastname@example.org.