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China unlikely to take Russian lead on Treasuries

By Bi Xiaoning and Si Tingting | China Daily | Updated: 2009-06-12 08:04

Moscow announced its plan to cut US treasury holdings on Wednesday. Whether China will join the band of sellers is now in question.

Analysts in Beijing agreed that for the largest creditor of Washington to say no to US Treasury bonds is not that easy.

Just a couple of days ago, China's Vice-Foreign Minister He Yafei also denied talks that China was planning to "dump" the dollar.

China unlikely to take Russian lead on Treasuries

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