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That probably means that China has no problems paying back debt denominated in US$. I don't know about the dynamics of this selloff. It's very hard to argue wi
by static_noise 11y ago
That probably means that China has no problems paying back debt denominated in US$.
I don't know about the dynamics of this selloff. It's very hard to argue without seeing the whole picture but it indicates that _something_ is going on.
- ktRolster 11y agoThey've been selling US debt to keep the Yuan strong (ie, sell it in exchange for Yuan, and then 'remove' the Yuan from circulation)