Jim Rogers - Jim Rogers: China will keep dumping U.S. Treasuries

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Jim Rogers: China will keep dumping U.S. Treasuries

Thursday, February 25, 2010
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From Newsmax:

China will continue to sell U.S. Treasuries in the future, says Jim Rogers, co-founder of the Quantum Fund.

China will unload more debt as the “euro scare” continues, he said.

The government reported that appetite for Treasuries declined by the largest amount in December as China reduced its allocation by $34.2 billion to $755.4 billion. Japan made a similar move and lowered its amount by $11.5 billion to $768.8 billion.

“I am surprised China has not...

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