Community | February 12, 2010 | 0 comments

China orders retreat from risky US assets

source: http://www.telegraph.co.uk/finance/china-business/7205110/China-orders-retreat-from-risky-as...

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China has ordered managers of its vast currency reserves to withdraw from risky dollar assets and retreat to core debt guaranteed by the US government, a clear sign that Beijing is battening down the hatches for fresh trouble on global markets.
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    Economy,  Finance,  China,  US Politics,  3 more
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