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Not necessarily. If the Chinese yuan is devaluing, Chinese investors want very much to hold US dollar denominated debt.
by mobilefriendly 7y ago
Not necessarily. If the Chinese yuan is devaluing, Chinese investors want very much to hold US dollar denominated debt.
- AstralStorm 7y agoYes, and so they would want to hold the federal debt. And also find ways to increase it. The GP post relates to China selling the debt to disentangle from USD.