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IPFS News Link • Economy - International

Asia needs "Bailout" to prevent panic selling of U.S. debt

9-25-08 • Bloomberg.com

Japan, China and other holders of U.S. government debt must quickly reach an agreement to prevent panic sales leading to a global financial collapse, said Yu Yongding, a former adviser to the Chinese central bank.

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Asia needs "Bailout" to prevent panic selling of U.S. debt

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