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China and the Dollar

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China and the Dollar

Economy

China and the Dollar

China and the Dollar

  • Download
  • <iframe src="https://www.npr.org/player/embed/4602971/4602972" width="100%" height="290" frameborder="0" scrolling="no" title="NPR embedded audio player">

China makes sure its currency does not grow stronger against the dollar by using its vast reserve of dollars to buy U.S. Treasury securities. That helps finance the government's record budget deficits, but there are concerns beyond the purely economic about this relationship.

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