http://cnsnews.com/news/article/



china-has-divested-97-percent-its-holdin



China Has Divested 97 Percent of
Its Holdings in U.S. Treasury Bills




Friday, June 03, 2011


By
Terence P. Jeffrey




(CNSNews.com) - China has
dropped 97 percent of its holdings in U.S. Treasury bills,
decreasing its ownership of the short-term U.S. government
securities from a peak of $210.4 billion in May 2009 to $5.69
billion in March 2011, the most recent month reported by the U.S.
Treasury.




Friday, June 03, 2011


By
Terence P. Jeffrey




(CNSNews.com) - China has
dropped 97 percent of its holdings in U.S. Treasury bills,
decreasing its ownership of the short-term U.S. government
securities from a peak of $210.4 billion in May 2009 to $5.69
billion in March 2011, the most recent month reported by the U.S.
Treasury.




(CNSNews.com) - China has
dropped 97 percent of its holdings in U.S. Treasury bills,
decreasing its ownership of the short-term U.S. government
securities from a peak of $210.4 billion in May 2009 to $5.69
billion in March 2011, the most recent month reported by the U.S.
Treasury.

Gulp. Stagflation, anyone?

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Published on June 06, 2011 21:49 • 9 views

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