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2015-04-30 — secretsofthefed.com
``"The basic idea is to turn Asian savings, China's in particular, into real business interests rather than let them be used to support U.S. over-consumption," Yu Qiao wrote, reflecting themes commonly suggested by Chinese government officials. "While fixed-income securities are vulnerable to any fall in the value of the dollar, equity claims on sound corporations and infrastructure projects are at less risk from a currency default," he continued.''
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