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Joe Biden Begins 9-Day Asian Tour In China

Originally published on August 17, 2011 5:40 am
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RENEE MONTAGNE, Host:

NPR's business news starts with the vice president in China.

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MONTAGNE: Joseph Biden is in Beijing today. China holds over $1 trillion in U.S. treasuries, making it the largest foreign holder of U.S. debt. So, among the items on the vice-president's agenda: assuring China its money is safe.

U: The U.S., he said, has entered a long period of decline. Transcript provided by NPR, Copyright NPR.