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IPFS News Link • Economy - International

U.S. debt is losing its appeal in China

01-07-2009

In the past China has bankrolled its huge reserves by effectively requiring its entire banking sector, which is state-controlled, to hand nearly one-fifth of its deposits over to the central bank. The central bank, in turn, has used the money to buy

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Reported By Ernest Hancock

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U.S. debt is losing its appeal in China

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