China Prime Minister’s confidence waning for U.S. Treasury Department
Chinese Prime Minister Wen Jiabao said today that he’s worried about the safety of the the U.S. Treasury Department’s large holdings and other debt. He noted nearly half of China’s $2 trillion in currency reserves are invested in U.S. treasuries making China the largest creditor to the U.S. Joining The Takeaway to discuss the prime minister’s remarks is BBC correspondent James Reynolds in Beijing.
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