Tuesday, June 21, 2011

Is China dumping U.S. assets for euros?

CNNMoney
Ben Rooney June 21, 2011: 3:38 PM ET


NEW YORK (CNNMoney) -- America's number one creditor appears to be losing some appetite for U.S. government securities, according to Standard Chartered Bank.

In a report issued Tuesday, the bank argues that the Treasury Department's official system for tracking China's purchases of U.S. debt is 'misleading' because of the way it tracks transactions.

Full story:
http://money.cnn.com/2011/06/21/markets/china_treasuries/

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