"Chinese purchases of U.S. debt help fund the U.S. government's budget deficit. Last month, Premier Wen Jiabao worried publicly about the "safety" of those investments. If China were to sell its massive Treasury holdings, U.S. interest rates could soar."
China buys less U.S. debt as reserve growth slows - USATODAY.com
The world is buying less, just as we are creating more than we ever have.
China buys less U.S. debt as reserve growth slows - USATODAY.com
The world is buying less, just as we are creating more than we ever have.
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