Tuesday, May 31, 2011

"The Chinese government

...has completed a study on converting at least some of its U.S. debt holdings, including U.S. Treasury securities, into
equities, the official Economic Information Daily reported, citing a
former central bank researcher

'We need to safeguard and increase the value of our investments in America. Debt holdings in this case means all kinds of bonds, including U.S. Treasury bonds,'

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