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News Link • Economy - Economics USA

Treasuries Market Concerns

• arclein
China is concerned with its US treasury holdings worth up to $1.2 trillion after Washington’s spectacle earlier this month over its fiscal policies that pushed the world’s economy into a crises. “The move, along with other agreements on financial cooperation, is expected to bolster Singapore’s status as a leading offshore trading centre for the Chinese Yuan, officially called the renminbi (R

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