Asia To Keep Buying Us Debt Despite Downgrade

Joe McDonald, AP Business Writer, Boston Globe: Business
Tue, 08/09/2011 - 4:19am

China and other governments have little choice but to keep buying U.S. Treasury debt to store swelling foreign reserves even after Washington's credit rating was cut by Standard & Poor's.

Sections: news u.s. world business

Topics: asia china credit rating standard & poor's u.s. credit rating downgrade u.s. debt u.s. treasury

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