Australia's Newest Shopping Spree: Chinese Debt

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Hawaii’s legislature passed a budget this week, but federal lawmakers are still arguing about finances—and that’s likely to continue through this summer. Discussions of U.S. government finances often include the fact that the Chinese government holds a lot of U.S. debt. Now Australia is planning to buy some of China's debt. HPR’s Bill Dorman has more in today’s Asia Minute.

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