Wary of U.S. Debt, China Shifts Gears on Investment

May 20th, 2009

The key sentence is below.

Via: Reuters:

So rather than cut off financing for the U.S.’s record budget deficit for this fiscal year, China has instead, little by little, shifted its buying out of longer-term bonds.

Posted in Economy | Top Of Page

Leave a Reply

You must be logged in to post a comment.