Beijing vows not to use U.S. debt for political gain (The Washington Times)

10 March 2010, 2:25 am

A top Chinese official said Tuesday that Beijing will not use its vast holdings of U.S. government debt for political gain, just a few days after a forecast projected that the U.S. national debt is on course to triple to $20 trillion over the next decade. China holds the world's largest cache of foreign exchange reserves, which soared more than $450 billion last year to reach $2.4 trillion at ...... Read More »

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