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Old 06-18-2009, 12:28 AM
 
Location: Michigan
29,391 posts, read 55,631,104 times
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BEIJING (Reuters) - China could still increase its holdings of U.S. Treasuries if the dollar is stable, even though the long-term trajectory is to diversify its foreign exchange reserves, a former central bank governor said in an essay.

A number of senior Chinese officials have voiced concern recently about Beijing's exposure to U.S. debt, given what they see as a mounting medium-term risk of inflation in the United States.

China could yet buy more U.S. debt: former c.banker | Reuters
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Old 06-18-2009, 08:39 AM
 
Location: Great State of Texas
86,052 posts, read 84,557,218 times
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Probably not..China is now investing in commodities and using their money internally to boost their own economy creating their own consumer base.

Seems to be working too...auto sales in China are up big.
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Old 06-18-2009, 09:06 AM
 
Location: Raleigh, NC
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Not only that. GDP was revised upward. Manufacturing index is stable but exports are down. One can conclude they are enjoying their own goods and not sending as many here.
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