China questions value of U.S. Treasuries

China helps finance the U.S. government. As a matter of fact, it may be the single largest buyer of U.S. debt. If it slows down this buying process, the cost for the U.S. Treasury to raise money could move up sharply. Other purchasers of Treasuries could also start to worry.

According toThe Wall Street Journal, "Chinese Premier Wen Jiabao expressed concern over the outlook for the U.S. government debt China holds, urging Washington to take effective policies to restore the American economy to health."