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Message: China unloads $34-billion of U.S. government debt

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Re: China unloads $34-billion of U.S. government debt

posted on Feb 23, 11 09:38AM

Foreign demand for U.S. government bonds and Treasury bills tumbled by the largest amount on record in December, according to monthly data from the U.S. Treasury Department. And China led the way, cutting its holdings by $34.2-billion (U.S.) and relinquishing its title as the world’s largest holder of U.S. government debt to Japan.

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