U.S. debt is losing its appeal in China

By Keith Bradsher
Published: January 8, 2009
HONG KONG:

China has bought more than $1 trillion in American debt, but as the global downturn has intensified, Beijing is starting to keep more of its money at home - a shift that could pose some challenges to the U.S. government in the near future but eventually may even produce salutary effects on the world economy...

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