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Sovereign Wealth Funds Briefing - Categorized | Fund Management/Administration, Investment, Market

Chinese support for US economy

Posted on 20 October 2008

From Arabnews.com: Chinese sovereign wealth funds, along with their counterparts in Arab Gulf states have not simply been busy helping recapitalize US banks and incidentally often seeing their investments nose dive — at least in the short-term.

Beijing has been busy buying US government debt. In the first half of this year the Chinese purchased some $225 billion of US Treasury bonds and paper from other US government agencies….. Full Article: Source


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