China is continuing to increase its purchases of Japanese debt, showing its desire to diversify away from the US dollar:
China Buys Japan’s Long-Term Debt for Eighth Consecutive Month - Businessweek
The US dollar is destined to go down the tubes. Why isn't India similarly purchasing more Japanese bonds, the way China is?
China Buys Japan’s Long-Term Debt for Eighth Consecutive Month - Businessweek
The US dollar is destined to go down the tubes. Why isn't India similarly purchasing more Japanese bonds, the way China is?