seconds: Million 0.0328 years; Billion 31.7 years; Trillion 31,710 years


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Wednesday, February 24, 2010

Concerns grow over China's sale of US bonds

Evidence is mounting that Chinese sales of US Treasury bonds over recent months are intended as a warning shot to Washington over escalating political disputes rather than being part of a routine portfolio shift as thought at first.

The OECD has piled the pressure on the Chinese government to revalue their currency

The OECD has piled the pressure on the Chinese government to revalue their currency

A front-page story in the state’s China Information News said the record $34bn sale of US bonds in December was a "commendable" move. The article was republished by the National Bureau of Statistics, giving it a stronger imprimatur.




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