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_superposition_
on Aug 27, 2015
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China Sells U.S. Treasuries to Support Yuan
Actually, China didn't have much choice BUT to buy US Treasuries with their current account surplus. Investopedia has a good overview of the dynamic here:
http://www.investopedia.com/articles/investing/040115/reason...
Plenty of links from there to get you acquainted with the terminology.
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Plenty of links from there to get you acquainted with the terminology.