03.10.2008 - China on Wall Street: Buy? Yes. Lend? No
From Chinastakes.com: [W]ith a spreading financial crisis dragging the global economy into possible recession, those countries with ample foreign exchange reserves, particularly China, must take action, but the question of exactly what to do is a dilemma. Should it lend even more money to the US government? Or should it put its money into buying stakes in Wall Street financial institutions? In a larger sense, should China become a stakeholder in the United States, or should it just remain a creditor?... Full article: Source
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