Australia’s Newest Shopping Spree: Chinese Debt

Apr 25, 2013

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.