ft.com - 2/12/2009
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China will continue to buy US Treasury bonds even though it knows the dollar will depreciate because such investments remain its “only option” in a perilous world, a senior Chinese banking regulator said on Wednesday. China has used the dollars it accumulates selling manufactured goods to US ...
bloomberg.com - 2/11/2009
telegraph.co.uk - 2/19/2009
mudvillegazette.com - 2/18/2009
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mudvillegazette.com —
... When even Russia tells you so "We
must not revert to isolationism and unrestrained economic egotism......
Excessive intervention in economic activity and blind faith in the state's omnipotence is another possible mistake. True, the state's increased role in times of crisis is a natural ...
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LACK OF ALTERNATIVES MEANS THE CHINESE ARE STILL BUYING OUR BONDS FOR NOW, but they’re worried about…
Instapundit —
LACK OF ALTERNATIVES MEANS THE CHINESE ARE STILL BUYING OUR BONDS FOR NOW, but they’re worried about inflation:
Luo Ping, a director-general at the China Banking Regulatory Commission, said after a speech in New York on Wednesday that China would continue to buy Treasuries in spite of its misgivings about US finances.
Meanwhile, look at what’s happened to gold and silver prices over the past few weeks.
...
China: We hate you, but we hate everyone else more
Hot Air » Top Picks —
... In the current financial crisis, many people wonder how much longer China will buy American debt, or whether they will start dumping it and create an even deeper crisis for Washington. China apparently answered that question earlier this week in its assessment of its options — which is to say, none . Like Richard Gere in An Officer and a Gentleman , they’ve got nowhere else to go: China will continue to buy US Treasury bonds even though it knows the dollar will depreciate because such investments remain its “only option” in a perilous world, a senior Chinese banking ...
When you owe the bank $30,000...
SCSUScholars —
I was talking with Ed Morrissey before his show today -- which, by the way, was screamingly funny and good so go listen -- and he was telling me about a post he did about a Chinese official who said that China is pwn3d by the U.S. treasury. Luo Ping, a director-general at the China Banking Regulatory Commission, said after a speech in New York that China would continue to buy Treasuries in spite of its misgivings about US finances. Mr Luo, speaking at the Global Association of Risk Management’s 10th Annual Risk Management ...
US dollar on death watch as UN panel recommends ditching dollar as world reserve currency
Flopping Aces —
... Yet China sent a shot over the US financial bow when, in February, Luo Ping, a director-general at the China Banking Regulatory Commission, gave a speech in New York expressing that nation’s skepticism over the future of the dollar. as it relates to the exploding debt. ...
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When you owe the bank $30,000...
scsuscholars.com 2/15/2009 — I was talking with Ed Morrissey before his show today -- which, by the way, was screamingly funny and good so go listen -- and he was telling me about a post he did about a Chinese official who said that China is pwn3d by the U.S. treasury . Luo Ping, ...
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More on the Incident in the South China Sea
outsidethebeltway.com 3/10/2009 — There have been further developments in the incident that took place in the South China Sea I posted on yesterday. China and the U. S. have filed conflicting complaints over the matter:
BEIJING (Reuters) – China said on Tuesday that a U.S. Navy ship ...
ECONOMY: China Warns Against Protectionism
ipsnews.net 2/18/2009 — China Warns Against Protectionism By Antoaneta Bezlova BEIJING, Feb 2 (IPS) - China is worried that the lingering financial crisis could unleash a spiral of protectionist policies across the globe, which could further dent its trade-dependent ...
Journalism with "Newsweek" Characteristics
weeklystandard.com 1/12/2009 — Does the PRC advertise in Newsweek ? Because this piece by Rana Foroohar sure reads like a retread from the Xinhua news service. The article is titled "China's Economy Stays out of the Red," and it includes phrases like "China is governed by a ...
China 'worried' about US Treasury holdings
news.yahoo.com 3/13/2009 — BEIJING China's premier didn't say it in so many words, but the implied warning to Washington was blunt: Don't devalue the dollar through reckless spending. Premier Wen Jiabao's message is unlikely to be misunderstood at the White House. It is ...
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