China Speaks
Sep 28th, 2008 | By Mark | Category: Business, ChinaThe Chinese Premier believes we’re in this together and all should share in fixing the credit crisis.
The Chinese Premier believes we’re in this together and all should share in fixing the credit crisis.
The other day, I talked about the Chinese Central banks having no choice but to start cashing in US T-Bills (about half a Trillion Bucks worth) if the credit crunch leaves them without enough liquidity to keep their hyper-growth economy burning.
Today, despite denials that there was any central order from the government in Beijing, some [...]