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Wednesday, August 19, 2009

Northeast Asia News Brief for 19 August 2009

North Korean Delegation to Attend Kim Dae-Jung's Funeral: North Korea is planning to send a delegation to the funeral of the former South Korean President Kim Dae-Jung (Yonhap). Separately, diplomats from North Korea planned to visit Gov. Bill Richardson (D-NM) today with an "undisclosed agenda," theNew York Times reports.

China: China reduced its holdings of U.S. government debt (Shanghai Daily) by more than 3 percent, or over $25 billion in June, according to new U.S. treasury data. China holds more U.S. debt than any other country.

China-Australia: PetroChina, China's largest energy company, signed a deal to buy $41 billion worth (China Daily)of Australian liquefied natural gas.

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