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    China expresses concerns over US debt default

    Al Jazeera English

    by Al Jazeera English

    The US and Chinese economies are the world's two largest and are deeply connected. China is the largest foreign holder of US debt while the US is China's second largest export market. The US dollar, which has long been the international reserve currency, would face a lack of confidence should the US government default on its debt. Al Jazeera's Marga Ortigas reports from Dongguan in southern China.