Some bond-market watchers believe China is disguising the full extent of its ownership of US debt by holding hundreds of billions of dollars of securities through accounts in Canada. That idea is off base, according to research from one major Canadian bank.
Some bond-market watchers believe China is disguising the full extent of its ownership of US debt by holding hundreds of billions of dollars of securities through accounts in Canada. That idea is off base, according to research from one major Canadian bank.
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