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Meanwhile …

Posted on June 14, 2011

Andrew Reinbach at Huffington Post takes a look at a June 3 CNSNews.com article by Terry Jeffrey claiming that “China has dropped 97 percent of its holdings in U.S. Treasury bills.” While the article is “perfectly truthful as far as it goes,” Reinbach writes, it leaves “an impression that’s an almost total lie, probably floated to stoke fears that China’s about to dump its Treasury portfolio and crash the American economy.”

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