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US shutdown vexes China, Japan

Major creditors urge Washington to resolve dispute

Finance Minister Taro Aso yesterday said that it was necessary to bear in mind the threat that the fiscal standoff posed to the value of US bonds - PHOTO: AFP

[TOKYO] China and Japan, the United States' biggest creditors, are increasingly worried that the US government shutdown and standoff over the debt ceiling could wreak havoc on their trillions of dollars of investments in US Treasury bonds. Beijing and Tokyo have publicly called on the White