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China looks warily at US debt deal

With the US set to avoid a default thanks to a last-minute debt deal, its biggest foreign creditor might be expected to breathe a sigh of relief, writes Simon Rabinovitch.

But China has been remarkably consistent in its view throughout the debacle, and it sees little reason to celebrate. From the vantage of Beijing, the dollar has been saved today, but its future remains as precarious as ever.

In a short commentary

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