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Strategies & Market Trends : Greater China Stocks

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From: Julius Wong	5/22/2012 7:28:31 AM
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Exclusive: U.S. lets China bypass Wall Street for Treasury orders Mon, May 21 2012 By Emily Flitter NEW YORK (Reuters) - China can now bypass Wall Street when buying U.S. government debt and go straight to the U.S. Treasury, in what is the Treasury's first-ever direct relationship with a foreign government, according to documents viewed by Reuters. The relationship means the People's Bank of China buys U.S. debt using a different method than any other central bank in the world. http://www.reuters.com/article/2012/05/21/us-usa-treasuries-china-idUSBRE84K11720120521

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