"I am surprised China has not dropped more (US treasuries)" in CNBC
"The US should be worried about everyone lightening up – not just China." in CNBC
China's move to unload US treasuries is likely to continue in the long term while the "euro scare" may last a while, Jim Rogers told CNBC.com today.
China has cut its holdings of US debt by 34.2 billion dollars (or 4.3%) to 755.4 billion dollars, losing the top spot in terms of foreign ownership of Treasurys to Japan. Japan has also cut its exposure by 11.5 billion dollars to 768.8 billion dollars.
