[ Reuters: Top News] China and Japan hail U.S. mortgage bailout as doubts linger

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[ Reuters: Top News] China and Japan hail U.S. mortgage bailout as doubts linger

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TOKYO (Reuters) - China and Japan, the biggest buyers of Freddie Mac and Fannie Mae bonds, praised Washington for its rescue of the ailing mortgage giants, but investors harbored no illusions the bailout would end the global credit market misery.




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