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 Rats deserting the sinking ship: China reduces holdings in US debt

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Rats deserting the sinking ship: China reduces holdings in US debt Vide
PostSubject: Rats deserting the sinking ship: China reduces holdings in US debt   Rats deserting the sinking ship: China reduces holdings in US debt Icon_minitimeTue Aug 25, 2009 12:52 am
China reduced its holdings of US government debt by the largest margin in nearly nine years in June, according to data from the US Treasury.

China holds more US government debt than any other country and cut its holdings of US securities by more that 3% in June, said the BBC's Chris Hogg.

http://news.bbc.co.uk/2/hi/business/8207174.stm
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