Purchases of US bonds likely to continue
By Zhang Ran and Li Xiaokun | China Daily | Updated: 2009-06-02 07:41
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US Treasury Secretary Timothy Geithner and Fu Min, his former teacher at Peking University - where he studied Chinese in the 1980s - yesterday hold up copies of a photograph of them together then. Wang Tiantian |
China may continue buying US Treasury bonds and other dollar-denominated assets even though US government debt yielded the lowest return in three decades this year and the dollar is under pressure, experts say.
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