20.10.2008 - Chinese support for US economy
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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