21 July 2009
Beijing Looking to Buy US and EU
Basically, with multi-trillion dollar foreign reserves, Beijing is looking at using this money to aid in acquisition of foreign companies by Chinese firms.
Well, I guess that this is one way to deal with the mountain of dollars that they have, though one wonders what happens when they run out of stuff to buy.
Well, I guess that this is one way to deal with the mountain of dollars that they have, though one wonders what happens when they run out of stuff to buy.
Labels:
Currency
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Finance
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International Commerce
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International Finance
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