China turning investment inward.
Posted by spaul on 01/08/2009
The always insightful Keith Bradsher of the New York Times reports today on China's apparently diminishing appetite for U.S. Treasury bonds. The timing of this may be not so good, since U.S. debt will reach record levels in 2009. But Brad Setser of CFR has another, less pessimistic, take on China's debt buying here.
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You might be interested in a
You might be interested in a new chart I posted this morning under the "My Analysis" page that shows CHINA's GDP numbers as compared to the other countries.
It was shocking how much they imported and exported as compared to the rest of the top 5 countries that I write about.
Virgil
http://www.KeepAmericaAtWork.com