China's Holding of U.S. Debt Rises, Yuan May Not Appreciate
The news service Xinhaunet.com reports that China increased its holdings of U.S. Treasury debt for the first time in six months - a trend analysts said could last as the dollar is expected to continue its strong rise. Xinhua, another…
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press source, stated that chances of an early revaluation of the renminbi look unlikely and could happen much later than expected, experts state.