Tuesday, February 24, 2009

Clinton urges China to keep buying U.S. debt

Secretary of State Hillary Clinton wrapped up a state visit to China Sunday by urging her hosts to continue to invest in U.S. Treasury instruments and underscoring the two countries' interdependence

China, with its $1.95 trillion in foreign currency reserves, has been the world's largest holder of U.S. government debt, with about $696.2 billion at the end of last year.

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